M is for Mileage – A to Z Accountancy Top Tips There are various rules for claiming the cost of business journeys. These are trips that are for business reasons e.g. seeing clients or suppliers, other meetings or doing deliveries. You can’t claim for going between home and your main place of work. If you …
L is for losses – A to Z Accountancy Top Tips If you are self employed and you make a loss or have a share of a loss in a partnership, you might be able to get a tax refund. A loss occurs when you have more business expenses than business income. You can use …
K is for keeping good bookkeeping records! – A to Z Accountancy Top Tips Okay so that’s a bit of a tedious link with K but keeping up to date records is important! It is never too late to get organised and bookkeeping is essential when running a business. Businesses must keep good records so …