Category Archives: Expenses

Accountants burton on trent

Car fuel benefits for employees

23rd February 2022 Posted by -

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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Claiming tax relief for working from home

13th December 2021 Posted by -

Employees working from home may be able to claim tax relief for certain home-related bills they pay that are related to your work. Employers may

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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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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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Alexander Accountancy Tax experts Burton on Trent

Post cessation receipts and payments

27th August 2021 Posted by -

There are special rules for the taxation of post-cessation receipts and expenses after a trade has ceased. These provisions also apply to professions and vocations as they apply to trades. […]

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Décor and plant and machinery allowances

13th August 2021 Posted by -

Capital Allowances are the deductions that allow businesses to secure tax relief for certain capital expenditures. Capital Allowances are available to sole traders, self-employed persons, or partnerships, as well as […]

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Pre-trading expenditure Alexander Accountancy Burton on Trent

Pre-trading expenditure

11th June 2021 Posted by -

There are special tax reliefs for pre-trading expenses that are incurred before a business starts trading. These could include expenses that are required to help a business prepare for trading such […]

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How to claim tax relief on employment expenses

9th June 2021 Posted by -

If you are an employee that needs to buy substantial equipment to use as part of your employment you may be able to claim tax relief. In most cases

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