We recently heard from a subscriber who has been doing battle with the Taxman over use of company resources. He reckons that the directors should pay tax for using the company’s software at home.
Does he have a point?
Published 05.01.2010
If you work from home and your company provides you with various items of office equipment, will this give you a problem with the Taxman? What do you and your company have to do to avoid such a
problem?
Published 20.06.2007
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
You’ve decided to pay someone to give you and your staff training to improve information and communication technology (ICT) skills. Is there an opportunity to get a tax-free benefit from this
arrangement?
Published 13.10.2009
Apart from salary you might need some cash from your company to meet future out-of-pocket business expenses. But if you use some of it to pay for, say, a night out with your other half, will it land
you with a tax bill?
Published 18.03.2011
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 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
While most of your working time is spent at the office, you also need to work at home. This means going online, but HMRC refuses to allow a tax deduction for any of your broadband costs. What steps
can you take to improve tax efficiency?
Published 20.04.2017
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
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