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
The tax tribunal recently considered the rules that apply for working out income tax and NI where a director has personal use of a company asset. The taxpayer won, but can you rely on this victory to
save you NI?
Published 08.06.2010
Your kids do the majority of their homework on your one and only computer. You’d like to buy them both wireless-enabled laptops so that they can work, surf and research in their own time. Can you get
the company to pay for them?
Published 22.10.2008
Like most directors, you use your home phone to conduct business. The company meets all or part of the associated costs. What tax pitfalls need you be aware of in such a situation?
Published 19.12.2007
With the Christmas and New Year festivities now behind us, you’ve thought about joining the local gym to get back in shape. Is this something the company can pay for?
Published 01.02.2006
If you or your employees drive on company business you might be able to make use of HMRC’s tax and NI-free approved passenger payments (APPs). What are they worth and when can you pay them?
Published 18.09.2013
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
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
You’ve been told that employee training costs are allowable if incurred wholly and exclusively for the benefit of your business. If it’s you who wants to undertake the training, what’s your and the
company’s position?
Published 28.03.2007
You regularly give your partner some money out of the cash you have on you at the time. If the cash happens to be company money could this be a problem? And if so, how can you deal with it?
Published 28.03.2007