Company Director Loan Accounts: What Your Bookkeeping Records Should Capture

Company Director Loan Accounts: What Your Bookkeeping Records Should Capture

Company Director Loan Accounts: What Your Bookkeeping Records Should Capture starts with one practical rule: every movement of money between a company and a company director should be recorded clearly enough to show who owes whom, why the transaction occurred and what evidence supports it. When business spending and a director’s own personal interests become…

Capital Gains Tax on Shares: How to Organise Buy and Sell Records for Your Accountant

Capital Gains Tax on Shares: How to Organise Buy and Sell Records for Your Accountant

Capital Gains Tax on Shares is easier to manage when your buy, sell and supporting records are complete. Clear records help your accountant calculate a capital gain or capital loss, identify the financial year and prepare your tax return. For share investors, Capital Gains Tax (CGT) is part of income tax, and net capital gain…