On average, small business owners spend 10 hours per month on bookkeeping. This is 120 hours a year!
It’s the 21st century… cloud technology is increasingly becoming the way forward due to it’s flexibility and simplicity.
Having your accounts done is one thing, understanding them is another. At C&H we promote regular client contact.
Part of the government’s Covid measures include relief for unincorporated businesses that incurred losses as a result of the pandemic. Note this only applies to the self employed and to partnerships for the two years 2020/21 and 2021/22. No one likes losses. The best one can do is find a way in which these can be relieved against other profits and/or other income. But the path is narrow and requires careful attention.
Read MoreThe Finance Act 2021 introduced the capital allowance “super-deduction” and special rate first year allowance as a temporary measure. These provide relief for companies on qualifying expenditure on new plant or machinery from 1st April 2021 to 31st March 2023. They are valuable reliefs, but the date of expenditure is important for the asset to qualify.
Read MoreThe recently announced health and social care tax (or the national insurance and dividend tax hike) are covered in more detail
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We are a small but growing family accounting practice, passionate about being trusted advisors to family businesses like our own.
