Category Archives: HMRC notices

Tax Diary June July 2022-Alexander Accountancy

Tax Diary June/July 2022

1st June 2022 Posted by -

Useful Tax Dates for June and July   1 June 2022 – Due date for corporation tax due for the year ended 31 August 2021. 19 June 2022 – PAYE […]

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Alexander Accountants Burton on Trent

Business tax cuts from April 2022

15th April 2022 Posted by -

A number of business tax cuts came into effect from April 2022. This includes an increase in the Employment Allowance from £4,000 to £5,000. The allowance enables eligible employers to […]

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What is a wasting asset - Alexander Accountancy Burton on Trent

What is a wasting asset?

6th April 2022 Posted by -

A wasting asset is an asset which has a predictable life of 50 years or less. HMRC’s guidance is clear that when you dispose of an asset, you are required […]

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Self-employed basis period reforms

8th November 2021 Posted by -

The government announced back in September that the introduction of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) has been delayed by

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Letting agencies and the Money Laundering Regulations

14th October 2021 Posted by -

HMRC is responsible for the money laundering supervision of certain businesses including letting agencies. Businesses that HMRC is responsible for

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Tax if you divorce or separate

26th July 2021 Posted by -

If you are a couple that is getting separated or divorced, apart from the emotional stress, there are also tax issues that can have significant

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Keeping self-employed tax records

28th April 2021 Posted by -

If you are self-employed as a sole trader or as a partner in a business partnership, then you must keep suitable business records as well as separate

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HMRC’s new penalty regime

19th April 2021 Posted by -

HMRC’s new points-based penalty regime for late submission and payment will start from 1 April 2022. The changes will apply in the first instance to

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