by Gerard | Aug 28, 2017 | Business Accounting, Tax Accounting
Why do we prepare annual financial statements for Trusts and is it really necessary? Here at Citywide Accountants Ltd we manage accounting and reporting requirements for different types of trusts as part of our accounting and tax services. There are different reasons...
by Gerard | Aug 9, 2017 | Business Accounting
What qualifies as a business expense? You can claim a wide range of the expenses incurred as a result of operating your business, provided you keep sufficient records during the year. In this article we will try to give you an overview of the most common expenses you...
by Gerard | Aug 8, 2017 | Property Accounting
Rental Property Accounting: Good Practice 1. Keep a separate bank account for the rentals. Provide Bank Statements for the rental account for 1 April to 31 March each year. Having copies of the loan statements for any debt on the properties for the financial year is...
