Hello forum, For about a year now I have been doing the bookkeeping for a small housing association. I am now helping a friend manage her bookkeeping and it is quite different from doing a Housing Association to a person thats self employed. So far I have created a cashbook and pettycash spreadsheet. I...
Hi, I am doing the bookkeeping for a self-employed trainer. She has a credit card that has cashback. I see from her statements that there is a cashback figure each month. Would I account for it as income, which is therefore taxable? Or, would it be classed as a rebate so it just reduces the cost of expense...
Hi guys advise please?? Earlier this year I was contacted by a guy who had 5 years of outstanding tax returns to complete, he had received many penalties and gained lots of interest. I offered him an amazing price for all 5 years (not inclusive of current year) and he was happy with the price. Getting...
Evening Everyone, I'm looking for some help. I've been helping a friend who has been working as a sports therapist for the last couple of years. An accountant would make up accounts up to the 31 July each year and submit a self assessment on her behalf. She has never earned enough to pay tax before. O...
Hi there and hope youre well! I'm Jack, a product designer at earnr - the finance and tax companion for creators, small businesses and side incomes. We're conducting research for an Innovate UK-funded project with accountants and bookkeepers about their experiences with self-assessments and so...