Business Guides - Your Accounts
Unfortunately there is nothing to stop anybody calling themselves accountants. This means that it is vitally important to understand the three main types of accountants.
A breakdown of claimable expenses.
Information for those new to VAT: rates, how to register, VAT returns and invoicing.
Your freelancer guide to compulsory and voluntary VAT registration, VAT returns and the flat rate scheme.
Just as there are several different types of accountants, there are also many different types of accounts.
Most accounting is little more than applied common sense. However, there are two golden accounting rules that are not immediately obvious - and so it is worth spending two minutes describing them.
Both sets of accounts (management & statutory) use the same basic information which they get from the same place - the Company's "books". First we shall look at the accounts themselves.
Your accounts can only ever be as accurate as the books you keep. In this section we explain the books you will need - and those you won't!
There are sadly a great number of potential customers in the market who can cost your business a great deal of time and money by not paying their debts. Here is Freelance UK's guide to controlling them and keeping your credit the right side of the line.
Ten tips from an industry expert offering advice on how to speed up tardy payment from a client - and what to do if they refuse to pay.
Joan Yeadon, proprietor of Credit Control Consultancy, explains how to collect payment quickly and effectively.
The Better Payment Practice Group reveals how tardy payers can earn you money.
Legal experts, PRMS Ltd, look at how freelancers can recover debt.
Legal experts, PRMS Ltd, continue their advice on how freelancers can recover debt.