info@sccci.co.uk   01270 504 700   Help
Sign Up SCCCI Portal helps you connect with your local business community.

Tag: Accountants

Alextra Accountants
Making Tax Digital Software - What Do You Need?
Making Tax Digital (MTD) for VAT went live on 1 April 2019. VAT registered businesses with VATable turnover above the VAT registration threshold of £85,000 are required to comply with the requirements...
Read more »
Alextra Accountants
Working From Home – Claim Tax Relief For Your Expenses
An increasing number of employees work from home some or all of the time. Where they do so, they may be able to claim tax relief for the costs that they incur from working at home, regardless of wheth...
Read more »
Alextra Accountants
Tax-Free Christmas Parties
Tax-free Christmas parties Although the tax legislation contains an exemption to prevent employees from suffering a benefit-in-kind tax charge on the staff Christmas party, the exemption is limited in...
Read more »
Alextra Accountants
Self-Assessment Payments On Account
As the self-assessment deadline looms, it is not only necessary to consider what might be owing for 2016/17, but also whether any payments on account towards the 2017/18 liability need to be made. Whe...
Read more »
Alextra Accountants
SDLT – How Much Will You Pay?
Stamp duty land tax (SDLT) was the headline-grabbing measure in the Autumn Budget on 22 November 2017, with the announcement that first-time buyers will no longer have to pay SDLT on the first £300,00...
Read more »
Alextra Accountants
Christmas Cheer
Moderation in all things is the taxman’s motto when it comes to tax-free Christmas parties. The tax legislation allows employees and their guests to enjoy a Christmas party or similar annual function ...
Read more »
Alextra Accountants
Marriage Allowance
Recent press reports suggested that up to two million couples may be missing out on a valuable tax break – the marriage allowance. The marriage allowance was introduced from 6 April 2015 and allows ce...
Read more »
Alextra Accountants
Autumn Budget November 2017
Chancellor Philip Hammond has delivered his first Autumn Budget under the new system he announced this time last year. The aim of the new system is for the Finance Bill, which is normally published af...
Read more »
Alextra Accountants
Company Cars In 2017/18
Company cars are a popular benefit and are often something of a status symbol. But, they have also been an easy target for the taxman. Where a company car is available for private use, the employee is...
Read more »
Alextra Accountants
Cash Basis Threshold Increased
The cash basis is a simpler way for smaller businesses to work out their taxable profit. Under the cash basis, profit is calculated by reference to cash in and cash out, rather than by reference to in...
Read more »