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Monday’s Free tax and business success tip for you:

Posted by Hirsch and Co
Hirsch and Co
Introduction of a cash basis for reporting profit for the smaller unincorporated business.Hirsch & Co Acco...
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on Monday, 28 May 2012
in Business for SME's

Monday’s Free tax and business success tip for you  28/05/12:

Tax Tip

VAT on hot food
HMRC are consulting on drafting new rules on hot takeaway food to ensure that all food (with the exception of freshly baked bread) that is above ambient air temperature when provided to the customer is standard rated.
Currently the rules are complex as if food is hot because it has just been cooked, such as freshly baked pies or roasted chicken, these items may in certain circumstances be zero rated for VAT purposes.

Business Success Tip

Improving Your Resource Efficiency Programme

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Coverage: Blackburn with Darwen, Blackpool,Burnley, Chorley, Fylde, Hyndburn, Lancaster,Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,
Finance Type: Energy Efficiency, Renewable Technologies,
Are you wasting your businesses’ budget on waste? Put your energy into saving money instead!
If you are based in Lancashire, your SME may be eligible for the FREE ‘Improving Your Resource Efficiency’ programme.
Improving Your Resource Efficiency is about saving money by using raw materials, energy, fuel, waste and water more efficiently. The programme provides a wide variety of support, advice and guidance on how you can do this.
Any Lancashire SME business can apply for a free Resource Efficiency Scoping Review which includes:

  • A site visit to identify resource efficiency / cost saving opportunities.
  • A site tour to identify any other liabilities.
  • Recommended actions presented in a detailed report.


Hirsch & Co Accountancy, Unique Accountancy and Taxation Services.www.hirsch.cohttp://www.facebook.com/businesuccess.

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