Business entertaining is a tried and tested way to attract new customers or keep the existing ones loyal, but you won’t usually get tax relief for the cost. So is there a tax-efficient way to do it?
Published 20.03.2012
From time to time your company pays to feed your staff whilst at work or on work-related activities. The Taxman views this as a taxable benefit for them. How can you beat him?
Published 15.03.2006
As the company’s sales director you spend a lot of money wining and dining customers. However, HMRC doesn’t allow a tax deduction for this, but there are exceptions to the rule. When do they apply?
Published 13.11.2014
There’s a right way and a wrong way for your company to pay for business expenses. Fortunately for one of our subscribers they asked us which was which before they went ahead; it could have cost them
thousands. What’s the story?
Published 15.09.2010
The Upper Tax Tribunal recently ruled out tax deductions for a company which advertised through local sponsorship. What was the trouble and what steps can you take to ensure your company receives tax
relief in a similar situation?
Published 01.10.2013
In a recent case a director argued that he should be allowed a tax deduction for the cost of paying off a company debt on which he had stood as guarantor. It seems a fair claim but he lost; why?
Published 26.11.2009
Following a PAYE inspection the Taxman has written saying that he’s going to disallow a director’s claim for travel expenses because there was “duality”. What does he mean by this, and is he right?
Published 26.11.2009
Joining a business or networking club can have benefits for your company, but will you get a tax deduction for the cost of your subscription? One of our subscribers asked the Taxman this and got a
bewildering reply. So what’s the right answer?
Published 10.12.2009
If your year-end is approaching, you need to optimise business expenditure to reduce taxable profit. What will the Taxman let you get away with?
Published 10.05.2007
The Taxman allows employees to claim a deduction for expenses incurred in the course of doing their job. As a director you’re never off duty, even when you’re at home, but does this entitle you to
extra tax reliefs?
Published 06.01.2012