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Tag: Tax

Alextra Accountants
Claiming Back Tax On A Small Pension Lump Sum
Where a pension lump sum is taken, it is possible that too much tax may have been paid. Where this is the case, a refund can be claimed. However, the mechanism for claiming the refund will depend on t...
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Alextra Accountants
Making Tax Digital – Extending the cash basis
The cash basis is an easier way for smaller businesses to work out their taxable profit. Under the cash basis it is only necessary to take account of money in and money out. By contrast, under the tra...
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Barringtons Chartered Accountants
5 Top Tax Tips
5 Top Tax Tips for 2017 Not paying a penny more in tax than you should and making your money work harder should be on your list of New Year’s resolutions. Faye Armstrong** has five tips to get you sta...
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Alextra Accountants
IHT Estate Returns
When someone dies, there are forms to fill in and send to HMRC. There are different forms and the correct forms depend on whether or not there is any inheritance tax to pay. Consequently, before the f...
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Alextra Accountants
Savings Income – Do You Need To Claim Back Tax?
From 6 April 2016 onwards, bank and building society interest has been paid gross without the deduction of tax. However, previously basic rate tax was deducted at source unless you were a non-taxpayer...
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