Bloggertone

When it comes to your accountant, time really is money. The more you can do yourself to really reduce the workload for your accountant, the less time your accountant will have to spend on your accounts, and you may be able to negotiate a reduction on your fee.

In my previous blog post I introduced the two key accounting documents that you use to manage you business. This post concentrates on the first one of these:The Profit and Loss Account or P&L. The Bottom Line…

This is one of the few sure fire ways to get money tax-free out of your business. Legally, I mean. Misused and misunderstood, I am setting the record straight on Director’s Expenses.

Remember when Mel Gibson had to fall into the bath and get electrocuted to finally figure out What Women Want in the 2000 movie of the same name? I asked small business clients what advice they would give young graduating accountants, based on their individual experiences.

For a number of years Ireland has operated a system of self assessment. This system puts the onus on the tax payer to make a correct return and file it on time. This whole process can be very daunting especially to those who are approaching self assessment for the first time.