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Self Assessment – What is it? Self assessment means assessing yourself on behalf of the inland revenue by completing an annual tax return. The return – a collection of your total income, allowances and expenditure for the year – helps the inland revenue work out how much tax is due or (perhaps overpaid) through your … Continue reading
Mixing Personal and Business Transactions is becoming problematic for bookkeepers and accountants. It is, of course, also a financial issue for the business owner. If your current bookkeeper and/or accountant ignores the issue, be wary. The time spent differentiating between personal/business transactions on bank statements etc costs you, the owner, money. If you are charged … Continue reading
Phoenix Debola 