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Tag: SME

Alextra Accountants
NICs And The Self-Employed
Following the Spring Budget, the National Insurance treatment of the self-employed hit the headlines after it was announced the main rate of Class 4 contributions would be increased to 10% from April ...
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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...
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Alextra Accountants
Making Tax Digital To Start In April 2018
Legislation to introduce Making Tax Digital (MTD) will be included in the Finance Bill 2017 and despite many objections that it was too soon, the new system of quarterly reporting will commence in Apr...
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Alextra Accountants
Cloud Accounting – Features That Could Change The Way Y...
It’s no wonder small businesses are embracing cloud accounting. You can use cloud-based software from any device with an internet connection. Online accounting means small business owners stay connect...
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Alextra Accountants
VAT Flat Rate Scheme – Is It For Me?
The VAT flat rate scheme is an optional simplified accounting scheme for small businesses. The scheme is available to businesses that are eligible to be registered for VAT and whose taxable turnover (...
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