Tax on Airbnb Income

Tax on Airbnb Income

More and more individuals are now renting out rooms in their properties through intermediaries such as Airbnb. Often, it will provide an easy way to generate additional income. Many individuals may not realise that there can be taxation implications in these...
Farm Diversification

Farm Diversification

Many farms have diversified and operate additional commercial ventures, such as renting or introducing other business operations. There are often risks with the potential loss of taxation reliefs if different activities are undertaken and these should be considered in...
Business Plans

Business Plans

Many businesses will often have a short-term focus and a business plan can help them set their longer term targets. A business plan is a written document and will normally set out aspirations and will include accounting and cash flow projections. Although factors are...