Category Archives: Tax Allowance

Financial concept with handwriting tax plan on ice cream stick - Freepik Premium

Why you should prioritise tax planning

Why you should prioritise tax planning before the tax year ends As the UK tax year-end approaches on 5 April, it’s an excellent time for you to review your business […]

Read More
Tax Saving Are You Eligible

Can you save £252 on your tax bill?

Can you save £252 on your tax bill? Are you eligible for a £252 saving on your tax bill? With the tax year ending on 5 April, March is a […]

Read More
- Tax Free Christmas Gifts To Staff - Alexander Accountancy Burton upon Trent - Trivial benefit exemption

Tax Free Christmas Gifts To Staff

This is a timely reminder that employers may make small tax-free gifts to employees and directors if all of the following conditions apply:   The cost to the employer is […]

Read More
Tax free Christmas party alexander accountancy Burton on Trent

It’s Christmas – Who Wants a Tax Free Party?

Christmas is almost upon us (except at supermarkets, where it starts in September)… who wants a tax free party? Even the smallest business can host an annual, tax-free social function […]

Read More
Tax Relief and Allowances-Alexander Accountancy Burton

The tax reliefs and allowances available to your business

   HMRC is encouraging business owners, employers and the self-employed to check online to make sure they are not missing out on a range of tax reliefs and allowances.   […]

Read More
Mortgage interest on rented property - Alexander Accountancy Burton on Trent

Mortgage interest on rented property

Under new rules that came into effect from April 2017 the tax relief on mortgage costs for residential landlords was restricted to the basic rate of tax. The finance costs restriction […]

Read More
marriage and civil partnership tax allowance

Don’t miss out on this tax allowance

HMRC used Valentine’s Day to issue a reminder to married couples and those in civil partnerships to sign up for the marriage allowance – if they are eligible and haven’t […]

Read More

Autumn Budget 2021 – £1 million Annual Investment Allowance

In the Spring Budget earlier this year, the government announced that the temporary Annual Investment Allowance (AIA) cap of £1 million would be extended until 31 December 2021. The Chancellor, […]

Read More