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Tag: Accountancy

Alextra Accountants
High Income Child Benefit Charges
You may be liable to a tax charge if you, or your partner, have an individual income of more than £50,000 and one of you is receiving Child Benefits. It may also apply if someone else receives Child B...
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Alextra Accountants
Entrepreneurs’ Relief
Entrepreneurs’ Relief (ER) is a relief for those business owners who dispose of business assets. ER may be due if you dispose of any of the following: • All or part of your business as a sole trader o...
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Alextra Accountants
HMRC Don’t Yet Have The Power To Raid Taxpayers Bank Ac...
HMRC are seeking the power to recover unpaid tax over £1,000 from taxpayers’ private bank accounts and legislation was originally going to be included in the 2015 Finance Act. However the new measures...
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Alextra Accountants
Business Group Makes Pre-Second Budget Submission
The Federation of Small Businesses (FSB) has announced their recommendations for the Second Budget 2015, calling on the Chancellor George Osborne to secure small business growth in the coming year. Jo...
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Alextra Accountants
Why Defer Your State Pension?
From 6 April 2016 a single tier state pension of around £155 per week will replace the current basic state pension of just under £116 per week plus the various additional elements. However if you reac...
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