When you start in business you should have a separate bank account for your business expenses and income rather than using your personal bank account.This keeps your business spending separate from your personal spending and a glance at your bank acc…
We and our clients have become virtually paperless since the start of the pandemic. Whilst we always had a plan to work towards this, suddenly we had to encourage as many businesses as we could to provide us with their paperwork electronically.
If you are treating your employees to a Christmas party, Christmas lunch or dinner, or giving them a gift to show your appreciation you should be aware of how HMRC views the costs of your generosity.