Accountancy News & Resources

Income excluded from a property business

10th December 2021 Posted by - Alexander Accountancy

HMRC publishes a list of income streams that are excluded from a UK property business. The list includes fishing concerns, hotels and guest houses,

Tax Diary December 2021 - Alexander Accountancy Burton on Trent

Tax Diary December 2021/January 2022

1st December 2021 Posted by - Alexander Accountancy

Useful dates for your tax diary as we move into 2022. These include: 1 December 2021 – Due date for Corporation Tax payable for the year ended 28 February 2021. […]

Inheritance tax - Alexander Accountancy Burton on Trent

IHT and Domicile

3rd December 2021 Posted by - Alexander Accountancy

Domicile is a general legal concept which in basic terms is taken to mean the country where you permanently belong but actually determining domicile status can be complex. HMRC guidance […]

CGT Roll-over Relief

2nd December 2021 Posted by - Alexander Accountancy

Business Asset Roll-over Relief is a valuable relief that allows the deferral of Capital Gains Tax (CGT) on gains made when taxpayers sell or dispose of certain assets and use […]

VAT and business gifts

26th November 2021 Posted by - Alexander Accountancy

In general, VAT does not have to be accounted for on business gifts to the same person as long as the total cost of the gifts does not exceed £50 (before […]