If the company reimburses your business expenses, these figures should be disclosed to the Taxman each year. Although there’s an exemption from this, the Taxman is reluctant to grant it for
directors? How can you convince him?
Published 12.10.2005
The annual returns of expenses and benefits (P11Ds etc.) for 2006/7 are due on July 6, 2006. However, having got your company to pay for a few more extras this year, what if they were left off your
P11D?
Published 23.05.2007
When it comes to finances it’s easy to think of your company as just an extension to your personal bank account. So, dipping into it for cash to tide you over might not seem like a big deal. But
what’s the Taxman’s view?
Published 05.01.2010
At this time of year, you want to take your partner for a romantic meal or buy them a gift. Can you get away with just putting it through petty cash? Or are there legitimate ways to get your company
to pay for it?
Published 15.02.2006
If an employee has to stay away from home on business what extras can the company pay for? And would this apply to you too? How can you maximise legitimate expense claims whilst away from home?
Published 10.10.2007
You might not have a contract of employment so that you can avoid paying yourself the National Minimum Wage (NMW). However, might there be a tax advantage in a director actually having one?
Published 10.09.2008
If you work at home you should claim the extra costs of running an office there. But how much? The Taxman has published his view on the tax-free status of such expenses. What do you need to know?
Published 28.03.2008
The Taxman’s recently changed his mind on what you can claim for working from home. What’s the latest and how can you still maximise your claim?
Published 21.12.2005
You’ve bought an “app” for your smartphone over the Internet which you’ll primarily use on company business. But the invoice is in your name and doesn’t show the VAT paid. Where do you stand with the
Taxman if you want to claim tax relief?
Published 29.03.2010
You’re negotiating this year’s fee with your accountant and to clinch the deal for preparing your company’s accounts he offers to complete your tax return for nothing. What will the Taxman make of
this?
Published 01.10.2012