If you receive income from residential lettings then you need to declare it on your tax return. Yes you do! No arguing! We often hear people saying “but my husband declares the income on his so I don’t”, yet they own the property together. Unfortunately, this isn’t the case. Do you personally own a property which creates an income? If you do, you’ll need to declare it on your tax return and you’ll be charged […]
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We know accounting can be a daunting subject – and one of those things people often put to the bottom of the pile. We thought we would explain some common accounting terms – ones that might seem tricky but are actually simple when you understand them. 1.What is accounting? Let’s start with the basics! Accounting is the way we record, assess and communicate financial transactions and the process of keeping financial accounts. 2.What is […]
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The pandemic has changed the way many of us work in lots of ways – whether that’s working from home more or all the time, trying to achieve a better work-life balance or becoming one of the many people who have set up a new business or started freelancing. Many new small businesses have sprung up in the past few months from home – it could be cake decorating, building your own client business using your […]
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KEW Accountants and Tax Specialists Ltd
Granville Suite
Business Development Centre
Stafford Park 4
Telford
Shropshire
TF3 3BA
t: 01952 216872
e: info@kewaccountants.co.uk
Co Reg: 08882654
VAT No: 180 5947 85