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Good news for business owners

By Ola Sulaimon Ronzl Accountants BUSINESS owners can claim capital allowance on qualifying plants and machinery. The capital allowance gives relief on the cost on qualifying expenditure immediately or over a period of time. Capital allowance, however, is only available to integral features within the building such as lifts, air-conditioning…

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Solutions to a bad debt

By Ola Sulaimon Ronzl Accountants AT the start of a new year, business owners tend to review last year’s performance and chase outstanding invoices from their clients. Generally, a fully taxable business is entitled to charge VAT on the supply of goods and services they provide to their customers. This…

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