Category Archives: Budget news

TODAY’S BUDGET, 27TH OCTOBER 2021

TODAY’S BUDGET, 27TH OCTOBER 2021 Ladies & Gentlemen, I hope you are well and coping with the challenges the last couple of years have presented. Today the Chancellor has presented […]

Read More

Budget date announced

The Chancellor of the Exchequer, Rishi Sunak has confirmed that the next UK Budget will take place on Wednesday, 27 October 2021. This will be the

Read More

Companies can claim super-deduction from 1 April

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

Reminder of year end payroll chores

It is not long until the current 2020-21 tax year comes to an end and there are a number of year end payroll chores that must be completed. This

Read More

New mortgage guarantee scheme

One of the measures announced as part of the March 2021 Budget was the introduction of a new mortgage guarantee scheme to help home buyers purchase a

Read More
Capital allowances tax advice Burton on Trent Alexander Accountancy

Spring Budget 2021 – Capital allowances

Designed to help offset the increased Corporation Tax main rate and promote investment, the Chancellor announced the introduction of a new ground breaking super-deduction tax relief. The new temporary tax […]

Read More
VAT specialists Burton on Trent

Spring Budget 2021 – VAT

It has been confirmed, by the Chancellor, that the taxable turnover threshold that determines whether businesses should be registered for VAT will be frozen at £85,000 until 31 March 2024. The taxable […]

Read More

Spring Budget 2021 & Corporation Tax

The Chancellor confirmed that the Corporation Tax main rate will remain at 19% from 1 April 2021 for the next 2 years. The main rate had been expected

Read More