Category Archives: Tax

Did you miss the Self-Assessment deadline?

4th February 2021 Posted by -

HMRC has announced that more than 10.7 million people submitted their 2019-20 Self-Assessment tax returns by the 31 January deadline. This leaves over

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Carry a company trading loss back to previous years

3rd February 2021 Posted by -

Corporation Tax relief may be available where your company or organisation makes a trading loss. A qualifying trading loss may be used to claim relief from Corporation Tax by offsetting the loss

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Alexander Accountancy burton on Trent accountants

Simplified expenses motor vehicles

26th January 2021 Posted by -

There are simplified arrangements in place for the self-employed (and some partnerships) to claim a fixed rate deduction for certain expenses where there is a mix of business and private […]

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Online tax payment plans

21st January 2021 Posted by -

New figures published by HMRC have revealed that some 25,000 taxpayers have set up an online payment plan to manage their tax liabilities spreading payments of £69 million for up to 12 monthly

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R&D tax relief for SMEs

4th January 2021 Posted by -

There are two schemes for claiming R&D tax relief - the Small or Medium-sized Enterprise (SME) Scheme and the R&D Expenditure Credit (RDEC) Scheme for large companies. The SME scheme offers

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Alexander Accountancy - management account experts Burton on Trent

HMRC crackdown on avoidance schemes

10th December 2020 Posted by -

HMRC and the Advertising Standards Authority (ASA) have come together to jointly target misleading marketing by promoters of tax avoidance schemes. HMRC and the ASA can jointly issue an Enforcement Notice to companies irresponsibly advertising tax

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Alexander Accountancy Making Tax Digital specialists Burton upon Trent

Making Tax Digital for VAT is here!

9th April 2019 Posted by -

But who does it affect? If a business exceeds the threshold in any rolling 12-month period ending at any time so it needs to be registered at 31st March 2019, it must […]

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Alexander Accountancy tax planning Burton on Trent Staffordshire

Alexander Accountancy Saves Client over £30,000!

11th March 2019 Posted by -

Alexander Accountancy saves client over £30,000! This is what can happen when you get a second opinion. In simple terms, the client was planning to draw out excess cash from […]

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