Making Tax Digital (MTD) will become mandatory from 1 April 2019, beginning with MTD for VAT. If you’re not yet ready for MTD, you still have time.
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Learn how to build a profitable Bookkeeping business using Xero
Everyone loves a good story. And when it comes to your financials, and cash flow, you want that story to be positive. Discover how the right kind of bookkeeping can give you and your business a fresh start (or a happy ending).
Read moreAs a business owner, knowing the financial position of your business is crucial to success and growth. Knowing the difference between profit and cash really is key to understanding your finances, enabling you to make plans and move forward. But … Continue Reading
It is important to make the distinction between your company’s revenue and capital expenditure so that a true reflection of the company’s profitability can be correctly shown on its financial statements. Because you are charged tax on your profits (and … Continue Reading
Knowing how your business is performing is vital to making financial decisions and being empowered to explore new opportunities. It’s not unusual for business owners to use their Profit and Loss account (P&L) and Balance Sheet to gauge business performance, … Continue Reading
