Hi I have a client who is a dog walker/boarder and they are cash based. They bought a van for the business in July 22. Can I use part of the cost of the Van as capital allowance for 22/23 to reduce the tax bill and the rest for 23/24? Thanks
Hi Everyone My name is Claire and my business is Clear Accounts. I am stepping into self employment full time. I am AAT Level 4 have a number of years experience from working in Chartered Accountants as a bookkeeper producing monthly VAT returns, accounts to Trial balance, Accounts Manager for a loc...
Hello I have recently taken on a new client who is using Deliveroo & Just Eat. I have logged into both portals and I can see how many sales each company has delivered, there is no sales information I can download which includes vat information on each order. There must be a hidden button I can't see...
Hello! First time posting on a bookkeeper's forum. I'm Charlotte and I'm currently a part-time bookkeeper for a local builder and looking into branching out into becoming a self-employed bookkeeper with the AAT or ICB. Look forward to speaking to you all.
My understanding is the Revenue figure excludes VAT. I have a customer on the VAT Flat Rate Scheme paying 10%. So they invoice a customer showing a cost of £100 net plus 20% VAT giving a total cost to the customer of £120. Under the Flat Rate Scheme the VAT liability is 10% of the £120 = £12. So is the Rev...
Hi, Thank you for taking the time to read my post. I am looking to gain more experience within bookkeeping and looking for work or at least, a mentor. I am based in Worcestershire and happy to travel if I need to pop into an office etc.I am currently working as a VA in my own business and I also have a hair sa...
Hi all, Ive recently had my first child, and was made redundant from my last role meaning I need to have a career rethink. Ideally Im looking to work a couple of days a week and wondering if I could make it as a self ployed bookkeeper, also if anyone has advice for how you would go about getting clients. Im A...
Hi, long atory short, I've been a lurker for a little while whilst deciding which route to go down. Started self-study with ACCA towards FA and then an opportunity came up at my local college for Level 3 AAT to start in September. But they want me to sit an AAT L2 closed book exam as an entrance exam to get on...
Hi Could anyone cast there eye over this for 22/23 YE? I am (pretty) confident with the Dividends but not the Tax due on Pension income.Gross Income from State Pension10,926.00 Gross Income from Teachers Pension25,114.00 Dividend income32,804.00 Total Income 68,844.00 Personal Allowa...
Hi All, I hope you can help. I am preparing a Vat return for a client and came across something rather odd. There are quite a large number of historic, unreconciled VAT transactions which should ideally be included with my next VAT submission. The problem is that the first 3 quarters VAT returns in the...
Hi, I really needs some help with CIS I am getting myself confused had a break from work and CIS introduced while having time out. So I work for a shop fitters who are hired as contractors and also use contractors. So I understand how to deal with receiving sub contractors invoices (we use Xero) I know I ne...
Hi, I'm a trainee bookkeeper and I also run a business with my husband, so this is all a learning curve for me! We are a VAT-registered company and we have started selling goods online via Ebay and we use Xero accounting software. What I can't get my head around is VAT on Ebay sales. I believe Ebay deduc...
I am in the process to migrate my company books from another free tool (BeanBalance now discontinued ) and I would like to explore what simple options are out there for a new free software
I have the last 5 years trial balances up to April 2022, so why I am looking for a simple tool easy to setup with one...
Bookkeeping jobs are in high demand as businesses of all sizes require skilled bookkeepers to maintain accurate financial records. Bookkeepers are responsible for recording financial transactions, reconciling accounts, and generating financial reports. They play a vital role in ensuring t...
Bookkeeping for the above in practice? Hi all.....wondering how best to do this. I don't obviously want to amend past months accounts (that have already been reported on) but do obvously want to claim as much VAT as is available to the company in VAT expenses. Not that it matters but it took longer tha...
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Hi everyone, Can I double check please the correct book keeping treatment to record the following; A church has made a payment of cash, say £50 to a care taker which has been described as a "cash float" to allow him to buy certain items without the inconvenience to him of using his own Money. Thanks ...
If you are on the lookout for the best accounting bookkeeping software that fits your Small and Medium enterprise, Intuit << advertising removed >> is the right choice for you. It manages sales and expenses while tracking day to day business transactions, like paying bills, maintain...
I have been searching for software that can help me manage my accounting and bookkeeping tasks, have researched on google as well. Just want more suggestions to be more clear about it.
