J joeclogs Registered User Messages 25 27 Sep 2006 #1 Anyone know if there are revenue guidelines on the taxation of B&B's? My parents recently started running a B&B but have no idea of how to calculate their profit or what allowances they have. Anyone any expertise in this area?
Anyone know if there are revenue guidelines on the taxation of B&B's? My parents recently started running a B&B but have no idea of how to calculate their profit or what allowances they have. Anyone any expertise in this area?
C ClubMan Registered User Messages 49,235 27 Sep 2006 #2 Do they not have an accountant/tax advisor to advise them on such matters? If not then they should consider engaging one.
Do they not have an accountant/tax advisor to advise them on such matters? If not then they should consider engaging one.