Category Archives: Business advice

Bona Vacantia & dissolved companies

24th August 2021 Posted by -

The final step in bringing a company to a legal end is when the company is dissolved. However, one of the important points to be aware of when doing

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Alexander Accountancy business advisors Burton on Trent

Goodwill and Corporation Tax

20th August 2021 Posted by -

Goodwill is rarely mentioned in legislation. Most people would settle on a simple definition which would be based on the ‘extra’ value of a business over and above its tangible assets. […]

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Alexander Accountancy CIS tax advice

Who counts as CIS contractor or sub-contractor?

5th August 2021 Posted by -

The Construction Industry Scheme (CIS) is a set of special rules that affect tax and National Insurance for those working in the construction industry. Businesses in the construction industry are known […]

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inheritance tax advice burton on trent

Inheritance Tax Business Relief

27th July 2021 Posted by -

There are a number of reliefs available that can reduce liability to IHT if you inherit the estate of someone who has died. One of these reliefs is known as Business […]

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Alexander Accountancy - Business advice Burton on Trent

Associated company rules

21st July 2021 Posted by -

As announced in the Budget earlier this year there will be two rates of Corporation Tax from 1 April 2023. When the new rules take effect, taxable profits up £50,000 […]

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Off payroll workers IR35, PSC - Alexander Accountancy Burton on Trent

Off-payroll working rules best practice

7th July 2021 Posted by -

The rules for individuals providing services to certain private sector organisations via an intermediary such as a personal service company (PSC) changed from 6 April 2021. The new rules mean […]

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Reminder for reporting expenses and benefits for 2020-21

9th July 2021 Posted by -

The deadline for submitting the 2020-21 forms P11D, P11D(b) and P9D is 6 July 2021. Employees must also be provided with a copy of the information

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What is net income for pension relief purposes?

30th June 2021 Posted by -

The lifetime allowance is the maximum amount of pension and/or lump sum that benefits from tax relief. The lifetime allowance is currently set at £1,073,100. The annual allowance for tax […]

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