Accountancy News & Resources

Disposing of garden or grounds

1st April 2021 Posted by - Alexander Accountancy

In general, there is no Capital Gains Tax (CGT) on a property which has been used as a main family residence. This relief from CGT is commonly known

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export business advice Alexander Accountancy Burton on Trent

Reminder of eight-step export routine

22nd March 2021 Posted by - Alexander Accountancy

Following the end of the Brexit transition period, the process for exporting goods to the EU mirrors the process for all other international destinations. Businesses, especially those that only trade […]

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Expenditure disallowed

25th March 2021 Posted by - Alexander Accountancy

When deciding whether an expense is allowed or disallowed for tax purposes it is important to bear in mind that the expenditure must be incurred

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Tax-free mileage expenses

24th March 2021 Posted by - Alexander Accountancy

If you use your own vehicle for business journeys, then you may be able to claim a tax-free allowance from your employer known as a Mileage Allowance

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What is rent a room relief

23rd March 2021 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. The current tax-free threshold of £7,500

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Tax-free property and trading income

22nd March 2021 Posted by - Alexander Accountancy

Two separate £1,000 tax allowances for property and trading income were introduced in April 2017. If you have both or either type of income

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COVID – beating the bug

17th March 2021 Posted by - Alexander Accountancy

Although it cannot be understated, that COVID has resulted in widespread personal tragedies and business hardships, there are stories circulating of

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Payroll services Burton on Trent and Derby

Off-payroll working rules from 6 April 2021

16th March 2021 Posted by - Alexander Accountancy

The rules for individuals providing services to the public sector via an intermediary such as a personal service company (PSC) changed from April 2017. The new rules shifted the responsibility […]

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