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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Networking For Charities – Burton
25th May 2022 Posted by - Alexander Accountancy
. Networking For Charities At The Riverside Hotel Branston. Lunch meeting 12.00 pm till 2.00 pm on Wednesday, June 15th 2022 About this event Midland Air […]
Revoking VAT option to tax land and buildings
21st March 2022 Posted by - Alexander Accountancy
There are special VAT rules that allow businesses to standard rate the supply of most non-residential and commercial land and buildings (known as the option to tax). This means that […]