Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Katie on March 04, 2005, 02:11:47 pm

Title: Accounts - Help
Post by: Katie on March 04, 2005, 02:11:47 pm

Do most window cleaners do their accounts themselves or do you hire an accountant to do them for you.

I am currently doing the accounts for my fiance's business, along with everything else that classes as the 'office' side and could use a little advice.

For example, how much of your expenses is tax deductable. We dont want to avoid the taxman but we do want to avoid paying any more than we need to. If anyone could give any advice on this matter and any other hints related to the accounts it would be very helpful.

Title: Re: Accounts - Help
Post by: garry on March 04, 2005, 03:04:03 pm

the best thing you can do is get yourself an accountant they will save you money in the long run mine cost £230 +vat per year which comes of your tax bill.

Title: Re: Accounts - Help
Post by: Roy Harding on March 04, 2005, 03:10:52 pm

Have a look at this they advertise on fed site

taxbuddies.com

Title: Re: Accounts - Help
Post by: andyh on March 04, 2005, 03:14:01 pm

Hi Katie

Do the day to day accounts yourself, and then use an accountant at the end of your financial year (this should keep the taxman off your back). Enter all your business expenses, if you get it wrong your accountant should pick it up.

best of luck

Andy

Title: Re: Accounts - Help
Post by: Stuart Webster on March 04, 2005, 03:38:30 pm

I agree with the others, get an accountant, they will more than save you the money.

Title: Re: Accounts - Help
Post by: Duke on March 04, 2005, 04:30:11 pm

absolutely...do the day to day stuff yourself...then when the time come's...give it to your accountant for the 'final polish'.
We keep paper records of everything...backed up by the same info on the hard drive...and then to floppy disk. If there was too much for that...then it would go on CD. All of our accounts (customers..work done and due) are tracked by e-mail.