Cashflow forecasting is essential to any business to make sure you have the funds when you need them, work out when you might require temporary finance, and sort out how much you can take out of the business. Follow my steps below to work out how you can accurately forecast your businesses finances to give you [...]
Cars – what to claim as expenses to save tax
February 21, 2013 by 2 Comments
Often an area of some confusion for my clients, is the question of what to claim for car expenses. Should we be putting our petrol bills through the accounts, or is there another way of claiming these expenses? The answer is that, as a sole trader, you have 2 choices, either to claim the business proportion [...]
