by Lisa Dickson | Mar 15, 2015 | Bookkeeping 101, Business Advice, HMRC and tax, Small Business Accounts
Updated 2023/24 It is simply an account in the balance sheet that summarises the transactions between a company director and the company. In simple terms: An asset is created where the company loans money to the director to be repaid at a later date. A liability is...
by Lisa Dickson | Apr 10, 2014 | Business Advice, HMRC and tax
As we have already mentioned in our earlier article, it is possible for directors to claim a work from home allowance under HMRC rules. This allows the director to reclaim an element of the running costs of the work from home office space. Unlike the self-employed,...
by Lisa Dickson | Dec 12, 2013 | Bookkeeping 101, Business Advice, HMRC and tax
As a director working from home, you may be allowed to reclaim reasonable ‘work from home’ expenses from your company. Flat rate basis HMRC allows you to reclaim a flat rate per month, depending on the number of hours a month you would typically work from...
by Lisa Dickson | Dec 11, 2013 | Business Advice, HMRC and tax
When you or your employees spend your own money on behalf of your company, you want the ability to claim it back quickly and efficiently. Tips for effective expense claims management: Always keep a copy of your receipt, no matter how small. The pennies could soon turn...
by Lisa Dickson | Sep 17, 2012 | Business Advice, Marketing
We’re not suggesting anyone goes out and does anything illegal or immoral, goodness no! The secret is to understand how to make your business more exciting, more appealing, more sexy to your existing and potential clients. Think of The Lynx Effect,...
by Lisa Dickson | Aug 20, 2012 | Business Advice
As an accountant, small business owner and active networker, I meet many Suffolk businesses that are truly booming and others who no matter what they do, can’t seem to achieve the success they desire. So what differentiates the two? Successful entrepreneurs: Have a...
