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Business accounting periods
The balance sheet portrays a business' performance over the financial year or accounting period.
The relationship between balance sheets and profit and loss accounts
How transactions in the profit and loss account can affect balance sheet entries and vice versa.
What is an Energy Performance Certificate?
What Energy Performance Certificates are, what they contain and what recommendation reports mean for your business.
Who produces Energy Performance Certificates?
Types of energy assessor you can commission to produce Energy Performance Certificates for your business property.
Do I need an Energy Performance Certificate?
When you need to have an Energy Performance Certificate during the sale or lease of business premises.
Set up a basic record-keeping system
What you need to record and for how long, with step-by-step guidance on setting up your own system.
Profit reporting: how, when and where?
Reporting deadlines, the form to use and who to send it to.
Do all businesses have to produce formal profit and loss accounts?
What types of business have to produce P&L accounts and why they are a good idea for most businesses.
Cost of sales
The base cost of obtaining or creating your product.
Business expenses
Legitimate business expenses for accounting purposes and how to apportion expenses partly for business purposes.
Business angels
How business angels can fund investment in young and growing businesses.
Crowdfunding
What is crowdfunding and how can it be used to finance a business.
Claim loan interest against tax
If you deduct loan interest from your profits you can reduce your business tax bill.
Profit and loss accounting periods and tax
Accounting periods to use for the self-employed, partnerships and limited companies.
Records for producing a profit and loss account or completing a tax return
The financial records you must keep for profit and loss accounts or to complete personal and business tax returns.
Recording business expenditure
How to record expenditure in different categories and the proof you must keep.
Cost of equipment
How to account for capital items and fixed assets in the profit and loss account
Sales and other sources of business income
Record sales in the profit and loss account and keep sales documentation and proof of income.
Tax relief for buying or leasing assets
Information on the tax reliefs available when buying or leasing assets, and the rules for VAT.
Single European Payment Area
How the Single European Payment Area (SEPA) operates and how it can benefit business.