Monthly Archives: November 2022

Autumn Finance Bill - Alexander Accountancy Burton

Autumn Finance Bill 2022 published

The Autumn Finance Bill 2022 was published last week, legislating for key tax changes announced by the Chancellor in the Autumn Statement.   . Measures include: The Energy Profits Levy […]

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HMRC is changing how they assess profits for some sole traders and partnerships

HMRC is changing how they assess profits for some sole traders and partnerships

How HMRC assesses profits for sole traders and partnerships who use an accounting date between 6 April and 30 March will change from 6 April 2023. This change will not […]

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Old-style stamps will soon be out of date

Royal Mail are adding barcodes to their regular stamps. After 31 January 2023, regular stamps without a barcode will no longer be valid. You can either use up these stamps […]

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VAT Penalties - Alexander Accountancy Burton on Trent

Get ready for new VAT penalties from 1 January 2023

For VAT periods starting on or after 1 January 2023, HMRC is replacing the default surcharge with separate penalties for late returns and late payment of VAT. At the same time, HMRC is […]

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Autumn Budget Statement – Chancellor steps into the fiscal storm …

… and pulls more people into the top income tax band On Thursday 17 November, the Chancellor presented the government’s Autumn Statement in which he told the House of Commons […]

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Property People 1st Event

Thanks to everyone that came to our first Property People event on Tuesday at the Pirelli Stadium   30+ people enjoyed informative presentations from 4 local businesses. Big thanks, go […]

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Workers paid via umbrella companies

Workers paid via umbrella companies

Umbrella companies are commonly used by employment agencies to pay temporary workers. HMRC are aware that some umbrella companies purport to avoid tax and claim to be able to maximise […]

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The Bank of England Monetary Policy Committee voted on 3 November 2022 to increase the Bank of England base rate to 3% from 2.25%. HMRC interest rates are linked to the Bank of England base rate.

HMRC late payment interest rates revised

The Bank of England Monetary Policy Committee voted on 3 November 2022 to increase the Bank of England base rate to 3% from 2.25%. HMRC interest rates are linked to […]

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