One of the most often used and valuable of the Capital Gains Tax (CGT) exemptions arises on the sale of the family home. In general, there is no CGT to […]
National Insurance for company directors
18th July 2022 Posted by - Alexander Accountancy
Directors are classed as employees and pay National Insurance on annual income from salary and bonuses that exceeds the Primary Threshold. The annual threshold is pro-rated this year following the […]
Networking For Charities – Support Our Air Ambulance
6th July 2022 Posted by - Alexander Accountancy
Networking For Charities at the Riverside Hotel Branston Breakfast meeting 8.00 am till 10.00 am on Wednesday, July 13th 2022 About this event Midland Air […]
Notifying cessation of self-employment
8th July 2022 Posted by - Alexander Accountancy
Any taxpayers that have ceased to be self-employed must notify HMRC of their change in status. There are a number of steps that must be followed if a taxpayer ceases trading […]
Potential tax demand scam
15th July 2022 Posted by - Alexander Accountancy
The Office of Tax Simplification (OTS) is a well-known organisation that provides independent advice to the government on simplifying the UK tax system. The OTS has issued a press release […]
Taxpayers who return to the UK
13th July 2022 Posted by - Alexander Accountancy
There are tax implications that you will need to consider if you previously left the UK to live abroad and are now either returning to live and work in the […]
Corporation Tax – marginal relief from 1 April 2023
11th July 2022 Posted by - Alexander Accountancy
The Corporation Tax main rate will increase to 25% from 1 April 2023 for companies with profits over £250,000. A Small Profits Rate (SPR) of 19% will also be introduced […]
Check employment status for tax
6th July 2022 Posted by - Alexander Accountancy
The Check Employment Status for Tax (CEST) tool can be used to help ascertain if a worker should be classified as employed or self-employed for tax purposes in both the […]