When you start in business you should have a separate bank account for your business expenses and income rather than using your personal bank account.This keeps your business spending separate from your personal spending and a glance at your bank acc…
Business owners must keep track of their business income on a monthly basis because growing businesses will most likely need to become VAT registered. The VAT registration threshold has been
The adverts would have you believe that all you have to do is press a button and your software will do it all for you
If you need special clothes to do your job you may think the cost of these is an allowable business expense. There are only a few items of clothing which are allowed as a tax deductible expense.
Knowing how to monitor and manage your cash flow so your business has enough money to pay your taxes and you is vital to grow your business.
