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Tag: Tax

Alextra Accountants
When Is A Car A Pool Car?
Rather than allocating specific cars to particular employees, some employers find it preferable to operate a carpool and have a number of cars available for use by employees when they need to undertak...
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Alextra Accountants
Tax-Free Mobile Phone
Mobile phones are ubiquitous – they are also subject to a tax exemption which enables employees to enjoy a mobile phone provided by their employer without suffering a benefit in kind tax charge. Howev...
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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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Alextra Accountants
Airbnb-Type Lets – Is Rent-A-Room Relief Available?
Many homeowners have taken advantage of sites such as Airbnb to let out a spare room on a temporary basis or their whole property while they are away. In most cases, as long as the associated conditio...
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Alextra Accountants
Tax Planning To Minimise The High Income Child Benefit ...
The substantial increase in the higher rate threshold to £50,000 is good news for many taxpayers. However, that same figure is the point at which child benefit starts being clawed back and there has b...
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