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Tax implications on hosting a company Christmas party

A Christmas party can be an enjoyable way of rewarding your employees which can also be tax efficient. At CHW Small Business Accounting, we can help you calculate the tax costs involved in organising your works party.

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Companies House and HMRC – don’t miss the deadlines!

As a small business it can be easy to focus on the day to day running of your business and essentially lose sight of important matters such as filing documents for Companies House and HMRC. It’s important not to miss the deadlines.

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Will the VAT flat rate scheme (FRS) benefit SMEs?

To make bookkeeping simpler for small businesses the FRS has allowed SMEs to apply a flat rate percentage to total quarterly sales including VAT. Our Director at CHW Small Business Accounting looks at how the VAT scheme could benefit your business.

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The consequences of not filing your company accounts on time

Company accounts must be filed within nine months of the end of the accounting period. If you fail to reach this deadline, there can be serious cash consequences.

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Signs your company may be heading towards financial difficulty

Is your company heading towards financial difficulty? It may be difficult to spot the signs yourself, that’s why it’s best to contact your Bolton business advisors so we can prevent legal action from commencing.

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