How to Account for Property Purchases in a Limited Company
How a UK limited company records a residential property purchase: costs to capitalise, SDLT, lender fees, mortgage, director’s loan, with a worked completion statement.
Overdrawn Directors Loan Account: What Happens Next
Overdrawn directors loan account? See what happens next: the nine-month deadline, section 455 tax at 33.75%, benefit-in-kind, repayment options and a worked example.
How to Reconcile VAT Returns to Your Bookkeeping Records
A UK accountant’s step-by-step method for reconciling a VAT return to your bookkeeping: control account, VAT codes, adjustments, differences and corrections.
VAT Cash Accounting Scheme Explained for UK Businesses
How the VAT Cash Accounting Scheme works: eligibility, the £1.35 million limit, joining and leaving, a worked example, and how it compares with the Flat Rate Scheme.
Autumn Budget 2026: Sole Traders, Landlords and Small Firms
Autumn Budget 2026 explained for UK sole traders, landlords and small businesses. Key tax changes, MTD deadlines and practical steps from CWABC.
Xero Tracking Categories: Setup, Reporting and Limits
How Xero tracking categories work for UK businesses and landlords: setup, tagging transactions, reporting, the limits, and when Projects is the better tool.
Bookkeeping Cleanup Checklist for UK Sole Traders and Companies
A practical bookkeeping cleanup checklist for UK sole traders and limited companies: reconciliations, VAT coding, suspense, director loans and warning signs.
Opening Balances in Xero: How to Set Up Your Accounts Correctly
Moving to Xero? A UK accountant’s guide to conversion balances: bank, invoices, bills, VAT, loans, fixed assets and retained earnings, plus a reconciliation checklist.
Replacement of Domestic Items Relief: A UK Landlord’s Guide
How Replacement of Domestic Items Relief works for UK landlords: what qualifies, upgrades, disposal proceeds, initial purchase exclusions and a worked example.
Xero Chart of Accounts: How to Set It Up Properly
A plain-English guide to structuring your Xero chart of accounts: income, expenses, VAT codes, loans, dividends, director loan accounts and opening balances.