Category Archives: Business advice

Selling a business transferring a business?

VAT – transfer as a going concern

6th May 2021 Posted by -

The transfer of a business as a going concern (TOGC) rules concern the VAT liability of the sale of a business. Normally the sale of the assets of a VAT […]

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A reminder that not all costs are costs

30th April 2021 Posted by -

Costs are defined as something that has to be paid or spent to acquire something. Costs include the acquisition of: An object, say material

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Website Development is it an expense

Website development costs

22nd April 2021 Posted by -

One of the main areas to consider in deciding how to treat a deductible expense is whether the cost is revenue or capital in nature. There is no single, simple […]

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Changing your accounting date - Alexander Accountancy Burton

Changing your accounting date

26th March 2021 Posted by -

There are special rules in place which limit the ability to change a company’s year end date. A company’s year-end date is also known as its ‘accounting reference date’ and […]

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Consider signing up to PROOF scheme

2nd April 2021 Posted by -

One of the services offered by Companies House helps combat fraud and protect your company from unauthorised changes to records. The free service is

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Have you claimed too much from furlough scheme?

29th March 2021 Posted by -

HMRC’s guidance makes it clear that any business that makes an error in making a Coronavirus Job Retention Scheme (CJRS) claim must pay back any

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Disposing of garden or grounds

1st April 2021 Posted by -

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 -

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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