Resources
Looking for expert tips and guides on property accounting? Here, you'll find a wide range of practical advice and valuable insights to help you navigate the complexities of property finance.
How to account for a property management company
Property management companies let properties they do not own and are responsible for their...
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Do you need a 5% VAT certificate for construction work?
In the UK, the standard rate of VAT for most building services is 20%...
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When to recognise revenue on services provided
Revenue recognition often causes confusion among contractors and subcontractors...
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What are allowable property expenses?
Allowable expenses are business costs that can be deducted from trading income...
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How to check if your supplier invoice is correct for input tax
Many business owners have made the mistake of purchasing business supplies in their own name rather than the business’s name.
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How to account for construction retentions
When a client withholds part of the payment to be released once work has been fully completed, it is called retention.
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