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Who can use VAT retail schemes - Alexander Accountancy Burton on Trent

Who can use the VAT retail schemes?

VAT retail schemes are a special set of schemes used by retail businesses to account for VAT.  The schemes are used by businesses that sell a significant amount of low […]

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Pre-trading expenditure Alexander Accountancy Burton on Trent

Pre-trading expenditure

There are special tax reliefs for pre-trading expenses that are incurred before a business starts trading. These could include expenses that are required to help a business prepare for trading such […]

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Cash Basis for Landlords post image

Cash basis for landlords

The cash basis scheme helps sole traders and other unincorporated businesses benefit from a simpler way of managing their financial affairs. Landlords can use the cash basis when recording income and […]

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Tax advice burton on trent

NICs after reaching State Pension Age

If you have reached the State Pension age and continue to work, in most cases you no longer need to pay employees National Insurance Contributions (NICs). At State Pension age, the […]

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business advice Burton on Trent

Importing goods into the UK

There are special procedures for importing goods into the UK. Following the end of the Brexit transition period, the process for importing goods from the EU effectively mirrors the process […]

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VAT Specialists Burton on Trent

Charging VAT on discounts and free gifts

When VAT registered traders issue an invoice to a customer, they must seek to ensure that the correct rate of VAT is charged. Whilst most businesses in the UK charge VAT at […]

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Burton Accountant – No charge for charging

For the convenience of clients visiting our offices who use electric vehicles, we have installed an electric vehicle charging point. Whilst visiting the client can recharge their vehicle FREE of charge. […]

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Impact of residence and domicile

HMRC’s online guidance note for residence, domicile and the remittance basis: RDR1 is intended for UK residents and non-residents and covers the residence, domicile and remittance basis rules from 6 April 2013 […]

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