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Recent content by Daxis
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Quick Calculation Question....
Hi, guys - go easy on me - I'm paying an accuonant to do the end of year books, but I'm just doing a quick rough workout - can you tell me if I'm calculating this correctly? Income [ Sales (exc VAT) & VAT [Profit from FRS] & Bank Interest = £40k Expenditure [ salary, paye, expenses reimbursed...- Daxis
- Thread
- Replies: 3
- Forum: Accounting / Legal
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End of Year deficit
Guys, can you help with a bit of advice? This is my first year contracting and I've been taking a salary, expenses and dividends from my bank a/c each month. I've just realised that I hadn't accounted for the Business Expenses that have come direct from the account, the upshot is that when I...- Daxis
- Thread
- Replies: 3
- Forum: Accounting / Legal
