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.
Making tax digital for income tax self-assessment (MTD for ITSA) all started as a sprint in 2015 when George Osborne announced the abolition of annual tax returns in favour of "a revolutionary simplification of tax collection. Starting next year."
Read MoreAs the value of land increases, more and more homeowners are becoming involved in projects affecting their residences and gardens in the expectation of achieving a significant gain. Consider the case of Mr and Mrs Lee which was reported a couple of months ago...
Read MoreMaking Tax Digital (MTD) for income tax self-assessment will be on us very shortly. The official start date is 6 April 2024 - approximately 16 months away - but a lot of key decisions need to be made well before that date. Ideally landlords should accept the discipline of quarterly reporting in the year commencing 6 April 2023 so as to be quite ready for the real thing a year on.
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We are a small but growing family accounting practice, passionate about being trusted advisors to family businesses like our own.
