The dividend tax allowance was first introduced back in 2016 and replaced the old dividend tax credit with an annual £5,000 dividend allowance with
Building a new home and VAT
22nd June 2021 Posted by - Alexander Accountancy
The VAT DIY Housebuilders scheme is a special scheme that enables someone building their own home to benefit from special VAT rules that allow the
Bed and breakfast the same day rule
14th June 2021 Posted by - Alexander Accountancy
Historically, the term bed and breakfasting (sale and repurchase) of shares referred to transactions where shares were sold and then bought back the
Changing a company accounting date
16th June 2021 Posted by - Alexander Accountancy
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 […]
Tax when you sell a business property
18th June 2021 Posted by - Alexander Accountancy
There are various methods at your disposal to reduce or delay the amount of Capital Gains Tax (CGT) when you sell a property that has been used for
Tax when you sell an asset
3rd June 2021 Posted by - Alexander Accountancy
There are special rules that must be followed when you sell an asset on which capital allowances have been claimed. Capital allowances is the term
What is distance selling for VAT purposes?
8th June 2021 Posted by - Alexander Accountancy
Distance selling is the term used to describe supplies of delivered goods from one EU Member State to a customer in another member state who is not
How to claim tax relief on employment expenses
9th June 2021 Posted by - Alexander Accountancy
If you are an employee that needs to buy substantial equipment to use as part of your employment you may be able to claim tax relief. In most cases