
Meaning of trade for tax purposes
The meaning of trade for tax purposes, often referred to as HMRC’s “badges of trade” test helps determine whether an activity is a genuine business or simply a personal hobby. While the
I will meet with you to discuss solutions for your business and give full training if you wish to apply the solutions yourself or I am happy to take the burden, allowing you to concentrate on what you do best.

Preparation and submission of statutory year end accounts and corporation tax returns.

Completion and submission of all required returns to HMRC for payroll and Construction Industry Scheme (CIS) reclaims and payments.

Preparation of year end profit and loss statements and submission of personal tax returns.
LW Accounting and Business Services Ltd is licensed and regulated by AAT. AAT is recognised by HM Treasury to supervise compliance with the Money Laundering Regulations.
Company Registration Number 13340888 | VAT Number 440167029







You don’t need to feel under pressure to choose your accountancy firm. I will sit down and speak to you – then it’s up to you to decide if I’m right for you.
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The meaning of trade for tax purposes, often referred to as HMRC’s “badges of trade” test helps determine whether an activity is a genuine business or simply a personal hobby. While the

Understanding which supplies are zero rated for VAT is essential for any business. A zero-rated supply is still a taxable supply, but it is charged at a 0% VAT rate. This distinction is important

If you have tenants living in your property, it is important to understand the Capital Gains Tax (CGT) implications. In most cases, there is no CGT to pay when you sell a property that has been your