by Lisa Dickson | Jun 10, 2015 | Bookkeeping 101, Small Business Accounts
A question that regularly comes up when considering lease finance of an asset, is how to account for the lease in your business accounts. Is it a rental cost to be charged to the P&L? Or it it an asset to be capitalised to your balance sheet? It depends on the...
by Lisa Dickson | Apr 12, 2015 | Small Business Accounts, Xero
If you pay commissions to or buy goods or services from a non-VAT registered supplier, you can use Xero to produce simple self-bill invoices that can be emailed to your supplier with or before payment. See also: The Ins and Outs of Self-Billing Self-Billing :: Raising...
by Lisa Dickson | Apr 9, 2015 | HMRC and tax
If you are looking for investment and wish to know more about EIS, then this article may be for you. It does go into more detail than our typical articles because the conditions are so extensive. So grab a coffee and take notes – if you are considering EIS or...
by Lisa Dickson | Apr 9, 2015 | HMRC and tax, Uncategorized
Seed Enterprise Investment Scheme (SEIS) The SEIS legislation is closely modelled on that for the EIS, but it is intended to help small, new start-up companies (rather than the more established companies typical of the EIS) by offering a higher rate of relief. Its...
by Lisa Dickson | Apr 9, 2015 | Uncategorized
You have just made a capital gain from selling an asset and intend to invest in an enterprise investment scheme (EIS) to defer paying tax on it. How can you achieve the best tax saving possible? EIS relief Buying shares in enterprise investment scheme (EIS) companies...
