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
A subscriber’s company provides benefits-in-kind to his former spouse. While they were together he was taxed on these, but now they’re apart does he still have to pick up the tax bill?
Published 25.07.2011
If, following the Olympic Games, you’re inspired to get back on a bike, the Taxman might be willing to subsidise this via the cycle-to-work scheme. How does it work and are there any special wrinkles
for directors?
Published 14.09.2012
A friend tells you that instead of discounts from suppliers she asks for extra goods free of charge. As they cost nothing she believes she can transfer ownership to herself without it being taxed as
a benefit in kind. Is she correct?
Published 12.09.2014
“Value for money” has become the mantra for cash-strapped businesses. So you’re interested when a co-director tells you that she knows how to get a tax break on the cost of a short trip for herself
and her partner. What’s to know?
Published 29.09.2009
Salary sacrifice schemes can reduce your tax and save your company NI costs. But depending on the amount and type of income you receive the savings can vary widely. How can you get the best result?
Published 17.10.2012
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
One of your part-time staff has asked for a salary advance to help pay for dental work. You’re happy to oblige, but can you help further by using a loophole in the tax system? And might the same
trick work for you?
Published 03.02.2014
If business is slow and your staff have time on their hands, you could use them to do personal work for you. But what steps should you take to ensure maximum tax efficiency for you and your company?
Published 25.05.2012
One of our subscribers is installing a TV in the firm’s common room. He hopes football-mad staff will spend their breaks watching there rather than skiving off to watch at home. The idea also has
potential tax advantages. What are they?
Published 29.05.2014