Top tips for starting a hospitality business
Posted on February 7, 2023 Posted in - Blog, Business, SMEAre you hoping to run a successful start-up in the hospitality sector?
Are you hoping to run a successful start-up in the hospitality sector?
With a new year upon us, you may be considering a new start by setting up your own business.
The 2021 to 2022 tax year saw a considerable amount of people aged 65 and over filing a tax return.
Taxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.
More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return.
A furnished holiday let (FHL) is a particular type of rental property classification in the UK.
With the busy Christmas period approaching, businesses operating in the hospitality and tourism sector will be dealing with increased demand.
Letters have been sent out to individuals listed as ‘Persons of Significant Control’ (PSC), urging them to check and, where necessary, correct their tax returns.
Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.
Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).