Archives

When does a partnership exist-Alexander Accountancy Burton on Trent

When does a partnership exist?

11th April 2022 Posted by - Alexander Accountancy

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 […]

Read More
Scammers target Self-Assessment taxpayers Alexander Accountancy Burton on Trent

Scammers target Self-Assessment taxpayers

8th April 2022 Posted by - Alexander Accountancy

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 […]

Read More
What is a wasting asset - Alexander Accountancy Burton on Trent

What is a wasting asset?

6th April 2022 Posted by - Alexander Accountancy

A wasting asset is an asset which has a predictable life of 50 years or less. HMRC’s guidance is clear that when you dispose of an asset, you are required […]

Read More
Alexander Accountancy - Exempt loans to employees

Exempt loans to employees

4th April 2022 Posted by - Alexander Accountancy

An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference between the interest the employee pays, if any, and the […]

Read More
Alexander Accountancy - Extended loss relief carry-back

Extended loss relief carry-back

1st April 2022 Posted by - Alexander Accountancy

A reminder that the temporary extension to the eligible carry back period for trading losses applies for company accounting periods ending between 1 April 2020 and 31 March 2022 and […]

Read More
Spring Statement 2022

Spring Statement 2022

31st March 2022 Posted by - Alexander Accountancy

The Chancellor, Rishi Sunak, has delivered his Spring Statement to the House of Commons against a backdrop of a growing cost of living crisis. The Chancellor also stressed that, apart […]

Read More
Appeals process for late filing of company accounts-alexander accountancy Burton on Trent

Appeals process for late filing of company accounts

13th April 2022 Posted by - Alexander Accountancy

There are late filing penalties which are designed to encourage companies to file their accounts and reports on time. All companies, private and public, large or small, trading or non-trading […]

Read More
Alexander Accountancy Burton -Employer company car considerations

Employer company car considerations

30th March 2022 Posted by - Alexander Accountancy

If you are thinking about purchasing a company car through a limited company, there are many issues that need to be considered. In this short article we will point out […]

Read More