There is a lot of talk currently about ‘being in the cloud’, ‘working in the cloud’ and ‘cloud accounting’. But what does it actually mean? Let’s start by defining what it is not; it has nothing to do with the white fluffy cumulonimbus and nothing to do with data being ‘up there’. In fact, data […]
Whether a property is classed as an investment letting or a furnished holiday letting is important, as both have different tax treatments particularly when it comes to capital gains tax. An investment letting is one where the property is let to one tenant, typically through a short term assured tenancy agreement. This is treated as […]
