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In light of the probable regulatory overhead for the above proposed arrangement, I am thinking of splitting up the main contract invoices into quarterly sums, and then using the revenue from the customer billing to offset and reduce the last quarter's amount.
Thanks Scalloway.
I understand. Quite right, this part is my incoming revenue - the rest is Client's income that I don't want to be taxed on.
Thank you for this resource. It seems a bit too involved for such a small amount of money on non-core business. I have begun to think that it was...
Hello UKBF users,
I'm after a bit of advice on how to organise a bookkeeping and accounting system for the following business stream.
As part of a larger contract of works I have agreed to provide a billing service for my public sector client to their service users. The client is not in a...