Monthly Archives: April 2022

Asset disposals not subject to Capital Gains Tax- business advice Burton on Trent

Asset disposals not subject to Capital Gains Tax

Capital Gains Tax (CGT) is a tax on the profit made from selling certain assets such as property, shares or other investments. CGT is usually charged at a flat rate […]

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Demerges - dividing company structure - Alexander Accountancy Burton on Trent


There are special statutory demerger provisions that are designed to make it easier to divide and place into separate corporate ownership the trading activities of a company or group of companies. […]

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Planning for Basis Period reform - Alexander Accountancy Burton on Trent

Planning for Basis Period reform

The basis period reforms will change the way trading income is allocated to tax years. The reforms will change the basis period from a ‘current year basis’ to a ‘tax […]

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CGT advice Burton on Trent

Tax if you live abroad and sell UK home

One of the most often used and valuable of the Capital Gains Tax (CGT) exemptions covers the sale of the family home. In general, there is no CGT to pay on […]

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rent a room scheme 2022

Claiming rent-a-room relief

The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home. If you are using this scheme, you should ensure that rents received […]

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Alexander Accountants Burton on Trent

Business tax cuts from April 2022

A number of business tax cuts came into effect from April 2022. This includes an increase in the Employment Allowance from £4,000 to £5,000. The allowance enables eligible employers to […]

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When does a partnership exist-Alexander Accountancy Burton on Trent

When does a partnership exist?

A partnership is a relatively simple way for two or more persons to set up and run a business together with a view to making a profit. Partnerships can take many […]

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Scammers target Self-Assessment taxpayers Alexander Accountancy Burton on Trent

Scammers target Self-Assessment taxpayers

Fraudsters are continuing to target taxpayers with scam emails, texts and calls following the deadline for submission of Self-Assessment returns for 2020-21.  In fact, over the last year, HMRC received […]

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