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Tag: Alextra Group

Alextra Accountants
Private Lettings Relief
Lettings relief potentially shelters some of the gain from capital gains tax on the disposal of a property which has been an only or main residence at some point during the period of ownership and whi...
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Alextra Accountants
Claim A Deduction For Work Clothing
Many employees are required to wear a uniform for work. Even where there is no set uniform as such, many employees have clothes that they wear only to work and regard as ‘work clothes’. So, to what ex...
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Alextra Accountants
Is The VAT Flat Rate Scheme For Me?
The VAT flat rate scheme (FRS) is a simplified VAT scheme that enables VAT registered business to work out how much VAT they need to pay over to HMRC by applying a flat-rate percentage to their VAT-in...
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Alextra Accountants
Paying Family Members
Many small businesses, whether incorporated or not, pay family members for working for the business. However, as a recent case shows, it is easy to make mistakes which can prove costly. The case in qu...
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Alextra Accountants
Making Tax Digital For VAT – What Records Must Be Kept ...
Making Tax Digital (MTD) for VAT starts from 1 April 2019. VAT-registered businesses whose turnover is above the VAT registration threshold of £85,000 will be required to comply with MTD for VAT from ...
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