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?…
Invoicing is a bit like doing the weekly shop. It’s process you’d really rather not have to carry out, but which is a means to a rather appealing end. In the same way you might need to face the supermarket to stock the food cupboard, you’ve got to go through the invoicing motions to reap…
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…
Tax deadlines have a nasty habit of suddenly looming. Whether you’re waiting until the last minute to file your Self-Assessment, or you have another VAT deadline on the horizon….
No matter the size of a business, monitoring profits, expenses and cash flow is vital. Business owners need to know exactly how their business is doing financially, and the best way to do this is to dig into the numbers and create reports. What is a profit and loss report? Looking at high sales figures…