One of the Chancellors key announcements in the Budget last week was to replace the government guaranteed Bounce Back and Business Interruption loans
Spring Budget 2021 – Capital allowances
10th March 2021 Posted by - Alexander Accountancy
Designed to help offset the increased Corporation Tax main rate and promote investment, the Chancellor announced the introduction of a new ground breaking super-deduction tax relief. The new temporary tax […]
Spring Budget 2021 – VAT
9th March 2021 Posted by - Alexander Accountancy
It has been confirmed, by the Chancellor, that the taxable turnover threshold that determines whether businesses should be registered for VAT will be frozen at £85,000 until 31 March 2024. The taxable […]
Spring Budget 2021 & Corporation Tax
4th March 2021 Posted by - Alexander Accountancy
The Chancellor confirmed that the Corporation Tax main rate will remain at 19% from 1 April 2021 for the next 2 years. The main rate had been expected
Spring Budget 2021- CJRS & SEISS schemes
9th March 2021 Posted by - Alexander Accountancy
The Coronavirus Job Retention Scheme (CJRS) commonly known as the furlough scheme will be extended until the 30 September 2021. The Chancellor
Spring Budget 2021 – Income Tax Rates & Allowances
8th March 2021 Posted by - Alexander Accountancy
It has been confirmed as part of the Budget announcements that the 2021-22 personal allowance will increase to £12,570 (2020-21: £12,500) and the
Spring Budget 2021 – Government backed loan schemes
10th March 2021 Posted by - Alexander Accountancy
The deadline for applications for all the government-backed loan schemes including the Bounce Back Loan scheme, Coronavirus Business Interruption
Budget Summary – March 2021
11th March 2021 Posted by - Alexander Accountancy
More has been disclosed, leaked, of this year’s Budget announcements than in previous years. But we now have the details and there is a lot to