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Property developers – make sure you are accounting for VAT correctly

If you make a living from purchasing, renovating and either selling or renting out houses you may be able to claim renovation costs such as architect and contractors’ fees. Our Bolton Accountants explain the costs that attract VAT.

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What is tax allowable when entertaining clients or customers?

Taking a potential or existing customer or client out for a meal or to an event can be a great way to establish and maintain good relationships. Nicola Roby at CHW Accountants in Bolton explains what is and is not tax allowable.

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Could cloud-based accounting be suitable for my business?

Cloud-based accounting software has been rapidly growing in popularity in recent years, with both individuals and businesses of all types taking advantage of the many benefits cloud software can offer. We explain some of the ways cloud accounting can improve efficiency.

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Duration of HMRC investigations up 10% – can you afford not to be protected?

Statistics released by HMRC, have confirmed the time it takes for tax investigations to be concluded has risen by almost 10%. In 2016/17, the average time taken to settle a tax investigation was 34 months compared to 31 months in 2015/16.

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Where there is love, there is life (and tax savings)!

Around 10% of marriage proposals occur on Valentines Day every year. Although taxation may be on your low list of reasons why to propose, you may want to look at the tax breaks you can enjoy if you’re considering popping the question.

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