Everything you need to know about tax and self-assessment if you're a small creative businesses. Are you registered for self-assessment? Do you need to be? What records should you be keeping? What expenses can you claim?
As a small business owner, there is always something that needs to be done and it’s easy to put off finances for another day. And that’s how chaos happens. Stay on top of your small business finances with these seven simple tips.
The balance sheet is a snapshot at a single point in time of the company's accounts - covering its assets, liabilities and owners' equity. The purpose of the balance sheet is to give users an idea of the company's financial position along with displaying what the company owns and owes.