Traditional Accounting is a type of accounting where revenue and expenses are recorded when the transaction occurs rather than when invoices are paid.
Traditional Accounting, also known as accural accounting, is a method of accounting where every invoice that is received and sent is recorded, regardless of the invoice's paid status.
There are loads of different tax laws in the United Kingdom. IR35 is very important to freelancers and contractors but can be a little confusing. Here, we explain simply what IR35 is and who it can affect.Read more
Self-employed individuals can use two different methods to expense business vehicle costs. Here, we investigate the positive and negatives for both methods and which one might be right for you.Read more