Gardiner J D & Co

The role of the nominal ledger in an accounting system, and its relationship to the trial balance and the financial statements. A comprehensive review of the accounting records you need to keep, and how you should go about recording each kind of transaction you are likely to meet. Even the smallest of enterprises can help minimise the risk of bad debt by just using undemanding credit control techniques.

Note 1: Where income is above 100,000 the Personal Allowance reduces by 1 for every 2 of income above the 100,000 limit. It can go down to zero. This reduction applies to all people irrespective of age or date of birth. The allowance reduces by 1 for every 2 of income above the specified income limit of 27,700, but never falls below the minimum amount specified above. Tax relief for the Married Couples Allowance is given at 10%. Deadline for submitting online your 2020/2021 self assessment tax return.