What is the difference between capital and debt, and why is the distinction important?
One important distinction is that capital represents the
What is pensions credit?
16th March 2021 Posted by - Alexander Accountancy
Pension Credit is an income-related benefit made up of 2 parts - Guarantee Credit and Savings Credit.
Guarantee Credit tops up your weekly income if
Springs Cleaning Offer
2nd March 2021 Posted by - Alexander Accountancy
Local commercial and domestic cleaning company Springs Cleaning, have added Infection Control to their range of services allowing them to steal an advantage for their commitment to providing the best […]
Tax Diary March/April 2021
1st March 2021 Posted by - Alexander Accountancy
1 March 2021 - Due date for Corporation Tax due for the year ended 31 May 2020.
2 March 2021 - Self-assessment tax for 2019/20 paid after this date
Capital Gains Tax exemptions
4th March 2021 Posted by - Alexander Accountancy
As with Income Tax personal allowances, taxpayers have an annual exempt amount for Capital Gains Tax (CGT) which is forfeited if not used. The annual
Inheritance Tax – tax-free gifts
3rd March 2021 Posted by - Alexander Accountancy
We wanted to remind our readers of the Inheritance Tax (IHT) implications of making cash gifts during the current tax 2020-21 tax year that ends on 5
Claiming Self-Employed Income Support Scheme grants
1st March 2021 Posted by - Alexander Accountancy
Under the third Self-Employed Income Support Scheme (SEISS) grant, claimants received up to 80% of average trading profits for November and December
What is overtrading?
2nd March 2021 Posted by - Alexander Accountancy
A reminder that traders who buy and sell goods - wholesalers or retailers - need to be wary of the financial consequences if, as expected, pent up