by Jon Davies | Oct 30, 2025 | Accounting, Business, Finance
It’s Halloween tomorrow and it’s got me thinking about my worst nightmares – Liverpool’s season carrying on like the past few weeks…or Wales not getting to next year’s World Cup! But, for many business owners, one of the biggest...
by Fern Robinson | Feb 22, 2023 | Accounting, Business, Taxes
Tax implications of writing off a bad debt Companies and self-employed businesses with a turnover exceeding £150,000 a year are obliged to prepare their accounts using the ‘accrual’ basis of calculating profits i.e. recognising the income received and expenses paid on...