Chew Valley Accountancy Services

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Chew Valley Accountancy Services

Providing a full range of accountancy and tax services for small businesses and sole traders
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Chew Valley Accounts specialises in providing a full range of accountancy and tax services to businesses in the Chew Valley, across Bristol and further afield. Small business and sole traders are our speciality but we have over 10 years experience working with a wide range of companies; from SMEs and self employed people right through to national companies. Our focus is on simplicity and providing

a friendly, personalised service to help you navigate through your accountancy and finance needs with the minimum of worry and fuss - no job is too small!

11/02/2022

After a crazy two weeks catching up after an even crazier self assessment January, these are our office vibes this beautiful frosty morning. Admin, emails and a more zen Friday.

04/08/2021

SEISS grant applications have now opened!

Are you eligible? Self-employed taxpayers can now apply for the fifth SEISS grant. You may this time need to provide two different turnover figures from your business from 2020/21 and 2019/20 as part of your application. Ask your accountant to help you get accurate figures, or get in touch if you need help. Accountants can't file on behalf of clients, but they can help you put in the best and most accurate claim.

Applications are staggered and you will be given an application date by HMRC. The portal will remain open until the end of September so plenty of time to make sure you put in the best possible claim.

24/03/2021

BOUNCEBACK LOANS
The deadline for applying for Covid bounceback loans is fast approaching - 31st March 2021.

These loans are designed to help small businesses struggling due to coronavirus. You can apply for a 100% state-backed loan worth up to £50,000, with no interest charged in the first 12 months, and no repayments for the first year either. You can even delay your first repayment for 6 months if you need to.

Loans are capped at 25% of turnover (usually 2019) but new businesses can estimate.

So don't delay, apply before the end of the month!

17/03/2021

Some good news coming out of the budget for those of you who make equipment purchases - the so-called "super deduction" will allow companies to claim a 130% first year allowance for investment incurred on most items of plant and machinery acquired between 1 April 2021 and 31 March 2023.

That means £1000 of investment in plant (including commerical vans) will qualify for £1300 of corporation tax deduction meaning a tax saving for your business in the year of purchase.

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Chew Valley Accounts specialises in providing a full range of accountancy and tax services. Small business and sole traders are our speciality but we have over 10 years experience working with a wide range of companies; from SMEs and self employed people right through to national companies. Our focus is on simplicity and providing a friendly, personalised service to help you navigate through your accountancy and finance needs with the minimum of worry and fuss - no job is too small!