What’s the Difference Between an Invoice and a Receipt?

There are several significant differences between invoices and receipts that as a business owner it’s important to understand. But once you’ve got your head around it all, you’ll find it much easier to maintain good business practices and financial records. Quite simply, an invoice is sent to request payment for a particular product or service….

Which VAT Scheme Should I Use?

The VAT accounting scheme that you use can simplify how you work out your VAT, and even enhance your cash flow. Some schemes do have eligibility restrictions, or you might choose a particular scheme to suit your needs. In this article we give an overview of the different types of VAT schemes available, to help…

Keep Track of Your Buy-To-Let Property Finances with Pandle Projects

Whether you’re a professional buy-to-let landlord with years of experience or simply renting out a room, it’s important to understand your financial responsibilities. But what does this mean for your tax commitments? What expenditure should you keep track of as a landlord? Why is it important to keep track of income from land and property?…

How Can I Help My Accounting Clients Avoid Errors?

If you’ve chosen the tumultuous path of being an accountant, chances are you’re already detail-oriented, meticulous, and a stickler for accuracy. It’s one of the reasons why you’re the expert. Most of your clients won’t be. Sure, you may occasionally get one who sends their accounts well before the deadline, and takes the time to…