Category Archives: Business advice

Option to tax (VAT) land and buildings

Option to tax (VAT) land and buildings

There are special VAT rules that allow businesses to standard rate the supply of most non-residential and commercial land and buildings (known as the option to tax). This means that […]

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Accountants burton on trent

Car fuel benefits for employees

The car fuel benefit rules only apply to company cars that attract a car benefit tax charge. This means the rules do not apply to fuel provided for use in […]

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Employing for the first time Burton on Trent

Employing for the first time

There are a multitude of rules and regulations that you must be aware of when you start employing staff for the first time.   HMRC’s guidance sets out important issues […]

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Leaving gifts to charity in your Will

Leaving gifts to charity in your Will

The government introduced new rules to encourage charitable giving on death in 2012. The rule which has remained unchanged ever since means that a reduced rate of Inheritance Tax (IHT) […]

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Company reconstructions – liabilities restriction

Company reconstructions – liabilities restriction

The rules for the Corporation Tax treatment of carried forward losses changed from 1 April 2017. The changes increased flexibility to set off carried forward losses against total profits of […]

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Alexander Accountancy Business Advice Burton

New powers for Insolvency Service

The Insolvency Service is a government agency that provides services to those affected by financial distress or failure. The Insolvency Service operates as an executive agency of the Department of […]

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Alexander Accountancy business advice Burton on Trent

Beware online sales scams

A new government press release has been issued reminding the public that online sales scams continue to be a major issue. In fact, 2021 saw a record number of cyber-attacks and […]

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Tax Diary January/February 2022

1 January 2022 - Due date for Corporation Tax due for the year ended 31 March 2021. 19 January 2022 - PAYE and NIC deductions due for month ended 5

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