Category Archives: Business advice

Gifts to spouse or charity

22nd December 2021 Posted by -

In most cases, there is no Capital Gains Tax (CGT) to be paid on the transfer of assets to a spouse or civil partner. There is, however, still a

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Professional bodies approved for tax relief post-Burton Accountants

Professional bodies approved for tax relief

9th December 2021 Posted by -

Many professionals such as accountants, lawyers and health professionals are required to make a subscription to a professional body or learned society. HMRC has recently published an updated list of […]

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Tax Diary December 2021 - Alexander Accountancy Burton on Trent

Tax Diary December 2021/January 2022

1st December 2021 Posted by -

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. […]

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Inheritance tax - Alexander Accountancy Burton on Trent

IHT and Domicile

3rd December 2021 Posted by -

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 […]

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Business advice Burton on Trent - VAT and Business Gifts

VAT and business gifts

26th November 2021 Posted by -

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 […]

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What can be transferred between group members?

16th November 2021 Posted by -

Corporation Tax relief may be available when a company or organisation makes a trading loss. Companies that are eligible for group relief can transfer

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Payments received after company is dissolved Alexander Accountancy Burton on Trent

Payments received after company is dissolved

27th October 2021 Posted by -

Any assets or rights (but not liabilities) remaining in a company at the date of dissolution will pass to the Crown as ownerless property. This happens under what is known […]

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Business advisors Burton on Trent

Getting prepared to use Freeport customs sites

20th October 2021 Posted by -

In the Spring Budget earlier this year, the chancellor announced that eight Freeport locations would be created in England. The Freeports will be in the East Midlands Airport, Felixstowe and […]

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