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02-02-2019 - - 0 comments
SYOB - Books to Keep and Overview of P& L and Bal Sheet

The Profit & Loss Report shows how a company performed over a period of time- it tells you whether your business made a profit or loss during a particular period of time.

02-02-2019 - - 0 comments
SYOB - What about VAT -  Are all my business expenses allowed for Income Tax

The revenue state that If you run a business, you must keep certain records for tax purposes. Your records can be used to confirm information contained in your tax returns and they should clearly show the accounting process. They have a pdf at  https://www.revenue.ie/en/starting-a-business/starting-a-business/keepingrecords.aspx showing  Books and Records Part 38 Chapter 3

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