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Tag: Nantwich

Alextra Accountants
Recharged Expenses – Are You Charging Too Much VAT?
A customer recently returned your bill saying that you had incorrectly added VAT on expenses you incurred in providing your services. He says he won’t pay your invoice until you correct it. Is he righ...
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Alextra Accountants
Passing On Your Home IHT Free – The New Main Residence ...
As widely anticipated, in his summer 2015 Budget, the Chancellor announced measures that will eventually allow couples to pass on their family home to their children or grandchildren free of inheritan...
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Alextra Accountants
Making Gifts Out Of Income To Save IHT
The inheritance tax legislation contains a number of exemptions which make it possible to give money away without fear of triggering an inheritance tax charge. One such exemption is that for normal ex...
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Alextra Accountants
How To Payroll Benefits In Kind
From 2016/17 employers will have the option of dealing with the tax on most benefits in kind through the payroll in a process known as payrolling, rather than reporting them to HMRC at the end of the ...
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Alextra Accountants
The Future Of The £30,000 Exemption
The existence of the £30,000 tax exemption on the termination of employment is well-known, if somewhat misunderstood. However, it appears that the days of receiving a £30,000 tax-free lump sum on the ...
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