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What is outsourcing and could it benefit my business?

Outsourcing essentially means delegating in-house back office functions to a third party. It can have significant advantages for businesses, giving the owners and staff more time to concentrate their energy on the day to day running of the business by reducing their administrative burden. 

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Thinking of selling your home? – It can be taxing

Selling your home sounds straightforward enough but there can be tax implications which you should be aware of. Nicola Roby from CHW Accountants in Bolton provides a simple guide. 

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Self-employed – ‘simplified expenses’ could save you time

Dealing with your finances correctly is an important part of being self-employed, albeit not the most exciting. Claiming business expenses helps reduce your tax bill but, knowing what, and how much you can claim isn’t always straightforward. Nicola Roby at CHW Small Business Bolton Accountants explains how…

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VAT: Hot or cold?

Ian Orgill of CHW Small Business Accountants in Bolton looks at the issues surrounding VAT on hot food and how a Manchester business has recently learned that the costs of getting it wrong can be massive.

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PAYE Settlement Agreement – deadline looming

A PAYE Settlement Agreement (PSA) allows an employer to make one annual payment to cover all the tax and National Insurance (NI) due on minor, irregular or impracticable expenses or benefits. However, the deadline for making an application for a PSA is fast approaching and after 5 July 2018, as an employer, you won’t be able to apply for a PSA for the 2017/18 tax year.

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