Category Archives: Tax

Tax Diary December 2021 - Alexander Accountancy Burton on Trent

Tax Diary December 2021/January 2022

Useful dates for your tax diary as we move into 2022. These include: 1 December 2021 – Due date for Corporation Tax payable for the year ended 28 February 2021. […]

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How to deal with tax appeals

How to deal with tax appeals

There are a number of options open to taxpayers who disagree with a tax decision issued by HMRC. It is important to note that not all decisions by

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Covering pension contributions with unused allowances

Covering pension contributions with unused allowances

The annual allowance for tax relief on pensions is currently set at £40,000. The annual allowance is further reduced for high earners. This means that

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Alexander Accountancy Tax experts Burton on Trent

Post cessation receipts and payments

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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Companies can claim super-deduction from 1 April

Companies can claim super-deduction from 1 April

The new super-deduction tax break, that will allow companies to deduct 130% of the cost of any qualifying investment from their taxable profits, is

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OTS recommended changes to IHT

OTS recommended changes to IHT

The Financial Secretary to the Treasury has written to the Office of Tax Simplification (OTS) to confirm that HM Treasury strongly supports some key

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Temporary carry back of losses

Temporary carry back of losses

A new temporary extension to the eligible carry back period for trading losses has been announced. This will allow trading losses to be carried back

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Spring Budget 2021 – Corporation Tax

Spring Budget 2021 & Corporation Tax

The Chancellor confirmed that the Corporation Tax main rate will remain at 19% from 1 April 2021 for the next 2 years. The main rate had been expected

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