Rental Income

Rental Income Rental income is the rent you get from your tenants. This includes any…

Tax Implications of Business Car Leasing

Tax Implications of Business Car Leasing Before I start on the tax implications of Business…

Year-End Adjustments

Year-End Adjustments Limited companies have a statutory obligation to file annual reports of their financial…

How to use value-based pricing in your accounting services proposal?

How to use value-based pricing in your accounting services proposal? Value-based pricing is nothing but…

Full Expensing

FULL EXPENSING Among the announcements in the Spring Budget, UK chancellor Jeremy Hunt has introduced…

Balancing Charge

Balancing Charge Definition of Balancing Charge A balancing charge is a means of making sure…

FRS 102

FRS 102 FRS 102 applies to financial statements that are intended to give a true…

Capital Expenditure vs. Revenue Expenditure

Capital Expenditure vs. Revenue Expenditure A business organization incurs expenditures for various purposes during its…

Extended Trial Balance

Extended Trial Balance While starting final accounts/year-end accounts, we need to prepare ETB or Extended…