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dp405 replied to the topic Question on accounting when starting small in the forum Starting your journey 2 years, 10 months ago
Thanks all for the advice so far.
To James and Mandy, i do fully agree that going with a professional accountant is generally worthwhile, and I’d be doing that as long as I was hitting >10K in income (or if one of the grant applications comes through). However, having just started the company and expecting minmal income before tax time, it seems…[Read more]
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dp405 replied to the topic Question on accounting when starting small in the forum Starting your journey 2 years, 10 months ago
Thanks for the info, I will check out freshbooks!
I have been looking at Xero, but naturally wanting to keep expenses down whilst the overall income is small.When it comes to tax returns, is this possible to do myself? From some searching around the web it seems that I can, but only with the paper mail in forms. Not sure if anyone here can…[Read more]
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dp405 replied to the topic Question on accounting when starting small in the forum Starting your journey 2 years, 11 months ago
Thanks Paul, in my case I have had to go for a company (PTY LTD) as it is a requirement for certain R&D grant applications. It is also preferred for me with regards to liability.
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dp405 started the topic Question on accounting when starting small in the forum Starting your journey 2 years, 11 months ago
Hi all,
I’ve recently set up my own company. This is just a side project at the moment and I’ll be using it to do a little bit of consulting, and to potentially apply for some R&D grants (I’m a scientist/engineer in the electronics sector).
I’d love to get some advice on how to handle the accounting at this early stage. For this year I’m only…[Read more]
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dp405 became a registered member 2 years, 11 months ago