Many any creative businesses have irregular income, with ups and downs as different projects come in. This is called a ‘lumpy’ cashflow.
How to manage ‘lumpy’ cashflow
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Making Tax Digital for Income Tax introduces new reporting requirements for many sole traders and landlords. Below are answers to some of the most common questions about MTD, including who it applies to, what records must be kept, and how quarterly reporting works.
If you're new to Making Tax Digital, you may also find our MTD timeline, our short guide to MTD for Income Tax, and our MTD preparation checklist helpful.
Film Makers
Outsourcing Your Finance Director
Instead of having someone in-house, many businesses are finding immense value in bringing in an external expert. Let’s explore the benefits.
Expenses: when is it subsistence, entertainment or just not allowable?
Puzzling over whether that quick lunch or client dinner can be claimed on your tax return? Ifso, you're not alone....
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