Accountancy News & Resources

Exempt beneficial loans

14th April 2021 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

Read More

National Minimum and Living Wage increases 1 April 2021

8th April 2021 Posted by - Alexander Accountancy

The new National Minimum Wage (NMW) and National Living Wage (NLW) rates came into effect on 1 April 2021. The new rate for the NLW is £8.91 which is

Read More

Companies can claim super-deduction from 1 April

13th April 2021 Posted by - Alexander Accountancy

The new super-deduction tax break, that will allow companies to deduct 130% of the cost of any qualifying investment from their taxable profits, is

Read More

OTS recommended changes to IHT

7th April 2021 Posted by - Alexander Accountancy

The Financial Secretary to the Treasury has written to the Office of Tax Simplification (OTS) to confirm that HM Treasury strongly supports some key

Read More

5% late penalties apply from 1 April 2021

7th April 2021 Posted by - Alexander Accountancy

Self-Assessment taxpayers that failed to pay their outstanding tax liabilities or set up a payment plan by midnight on 1 April 2021 will be charged a

Read More

New support for High Streets and sea-side towns

1st April 2021 Posted by - Alexander Accountancy

As lockdown measures begin to be eased, a new package of support measures to help high streets and coastal areas across England has been announced by

Read More
Changing your accounting date - Alexander Accountancy Burton

Changing your accounting date

26th March 2021 Posted by - Alexander Accountancy

There are special rules in place which limit the ability to change a company’s year end date. A company’s year-end date is also known as its ‘accounting reference date’ and […]

Read More

Tax Diary March/April 2021

30th March 2021 Posted by - Alexander Accountancy

1 April 2021 - Due date for Corporation Tax due for the year ended 30 June 2020. 19 April 2021 - PAYE and NIC deductions due for month ended 5 April

Read More