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Alextra Accountants
Give From Income To Save Inheritance Tax
Within a family scenario, there are many situations in which one family member may make a gift to other family members. However, the way in which gifts are funded and made can make a significant diffe...
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Afford Bond Chartered Accountants
Capital Allowances can help sole traders continue tradi...
The number of self-employed business owners in the UK has grown significantly in recent years, from 3.9 million in 2000/01 to 4.9 million in 2015/16.  But a fifth of self-employed sole traders don't s...
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Alextra Accountants
When Should A Business Register For VAT?
All traders – whether sole traders, partnerships, or limited companies – are obliged to register to charge and pay VAT once annual sales reach a pre-set annual threshold. This threshold remains at £85...
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Afford Bond Chartered Accountants
OTS Proposes Inheritance Tax (IHT) Reforms
The Office of Tax Simplification (OTS) has just proposed a second set of reforms to the inheritance tax (IHT) system, to make it easier for taxpayers to understand.  These include reducing the current...
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Alextra Accountants
Workplace Pension Contributions Rise Takes Effect
An increase in the minimum contributions employers and their staff must pay into their automatic enrolment workplace pension scheme took effect from 6 April 2019. From that date, the employer minimum ...
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