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CGT advice Burton on Trent

Tax if you live abroad and sell UK home

22nd April 2022 Posted by - Alexander Accountancy

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

21st April 2022 Posted by - Alexander Accountancy

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

15th April 2022 Posted by - Alexander Accountancy

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?

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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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