Accounting for landlords

Accounting for landlords

When you’re a landlord and rent out one or more properties, you need to tell HMRC about your income. The best way of keeping track of your income and expenses for your tax return is by doing your accounting regularly. We take you through what you… Read more
What is equity in accounting?

What is equity in accounting?

The term equity gets used a lot in accounting. We take you through what it means for your business and how you can measure it. What is equity? Equity tells you which assets proportion of assets aren’t funded by debts and liabilities. This covers all… Read more
What is a journal in accounting?

What is a journal in accounting?

If you’re new to accounting and wondering what a journal is then you’re in the right place. Here’s what you need to know. What is a journal? Your journal in accounting is a record of all of your transactions in chronological order. Your journal… Read more