Monthly Archives: June 2021

Pre-trading expenditure Alexander Accountancy Burton on Trent

Pre-trading expenditure

There are special tax reliefs for pre-trading expenses that are incurred before a business starts trading. These could include expenses that are required to help a business prepare for trading such […]

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Bed and breakfast – the same day rule

Bed and breakfast the same day rule

Historically, the term bed and breakfasting (sale and repurchase) of shares referred to transactions where shares were sold and then bought back the

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Changing a company accounting date

Changing a company accounting date

There are special rules which limit the ability to change your company’s year-end date. A company’s year-end date is also known as its ‘accounting reference date’ and is historically set […]

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Cash Basis for Landlords post image

Cash basis for landlords

The cash basis scheme helps sole traders and other unincorporated businesses benefit from a simpler way of managing their financial affairs. Landlords can use the cash basis when recording income and […]

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