Business health check (September 2017)
- Are your records for rental income and expenses together for us to do your tax?
One way of doing that is to get your hands on a good Rental Questionnaire template. Contact us if you would like one. Some rental situations can be complex, so talk to us if you're unsure.
- If you're not on top of insulation requirements for any rental property (see our article), make a note to get it done.
In fact, with the weather improving, the workload for insulation contractors may be dropping, and that may get you a better deal.
- The end of this month marks the halfway point of the financial year.
That will be a key time to lock in a picture of your cashflow, revenue, expenses and all financial information for the half year. Do it soon so you can respond promptly if there are problems.
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