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Tag: Nantwich

Alextra Accountants
Mileage Allowances – What Is Tax-Free
Employees are often required to undertake business journeys by car, be it their own car or a company car, and may receive mileage allowance payments from their employer. Up to certain limits, mileage ...
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Alextra Accountants
Tax-Free Allowances For Trading And Property Income
New allowances were introduced from the 2017/18 tax year for trading and property income. The availability of these allowances means that those with low levels of trading or property income may not ne...
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Alextra Accountants
Making Tax Digital For Businesses
Reporting taxes just once a year is on its way out. Some businesses will need to start making quarterly tax submissions from 2019. Although it may mean you have to make changes, it can actually help s...
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Alextra Accountants
Reporting Benefits In Kind For 2017/18
Taxable expenses and benefits provided to employees during the 2017/18 tax year need to be reported to HMRC on form P11D unless: • the benefit has been payrolled;• it has been included in a PAYE Settl...
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Alextra Accountants
Tax code changes for 2018/19
Tax codes are the lynchpin of the PAYE system – unless the tax code is correct, the PAYE system will not deduct the right amount of tax from an employee’s pay. The tax code determines how much pay an ...
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