One of our subscribers was told that his company could pay up to £225,000 each a year into his pension scheme and still get tax relief for it. Is this right?
Published 12.09.2007
One of our subscribers recently queried why the Taxman had challenged the expenses claimed for promoting the company’s products. What was the problem and how was it solved?
Published 03.09.2009
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
The Taxman doesn’t allow a deduction for the cost of travel between your home and normal place of work. But one exception to this rule is where the trip includes a business purpose. When can you make
use of this loophole?
Published 17.07.2012
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
You took out a personal loan to buy your company’s business premises and you’re claiming tax relief on the interest. So far so good, but the Taxman suggests there’s a way you can cut both your and
your company’s tax bill further.
Published 01.05.2012
In a recent case the tax tribunal considered an employee’s claim for a deduction from his tax bill in respect of household expenses. It was a mixed result but had the employee been a director could
he have claimed more?
Published 17.05.2011
Setting up a new business can be expensive. Worse still, in some circumstances no tax deduction will be due. What action can you take to avoid losing out to the Taxman?
Published 14.06.2011
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
It’s not uncommon for directors to use their personal credit card to pay for business expenses. When the company repays the debt that will balance the books. But are you overlooking a tax break?
Published 13.10.2009