Are Expenses and Costs the Same Thing?

In business the terms “costs” and “expenses” are commonly used interchangeably and, whilst this is fine in everyday conversation, it’s good practice to define the difference when we’re talking about a business situation. The reason for this is that costs and expenses are recorded differently in a business’s accounts and, in some cases, have different…

The_24_Month_Rule_for_Contractor_Expenses (1)

The 24 Month Rule for Contractor Expenses

Contracting is a great way of life and for many people, it’s a way to combine the freedom of self-employment and the security of a regular job. But, to avoid any unfair tax avoidance, HMRC has been cracking down on so-called ‘disguised employment’ for many years. What is disguised employment? A disguised employee is someone…

Pandle Update - Our Latest User Interface Improvements

Pandle Update: Improving the Pandle User Experience

Now, none of us are mind readers, so it’s always useful to have some help knowing what’s going on. Here at Pandle HQ we think this is particularly important when it comes to your bookkeeping. Everything we do is driven by providing accounts software which is easy to understand and use. The trouble is, littering…

Are There Any Restrictions On Claiming Business Expenses?

Are There Any Restrictions on Claiming Business Expenses?

One of the areas that cause the most concern for business owners is what expenses they are allowed to put through the business. In fairness, the rules aren’t always totally clear, so to help people see the wood for the trees we thought it would be a good idea to look at some of the…