The hike in NI rates announced last year takes effect from April for both employers and employees. Could substituting benefits-in-kind (BiKs) in place of salary counter this extra expense?
Published 23.02.2011
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
The Autumn Statement included measures you won’t have seen in the press. What are these and how might they affect your or your company’s finances?
Published 10.01.2014
As a company director, you always want to portray the right image and this calls for a new suit. If you pay for it out of your own money, it’s quite a hit. Would it be cheaper if the company bought
it for you?
Published 01.03.2006
In the last Autumn Statement the Chancellor confirmed that from April tax-free allowances will rise, but the point at which higher rate tax kicks in will be lower. What changes to your salary and
dividends are needed to stay tax and NI efficient?
Published 03.02.2012
The Taxman’s approved mileage allowance rates haven’t increased for eight years and are losing touch with the real cost of motoring. Will paying more bring you a tax advantage or just trouble from
the Taxman?
Published 31.03.2010
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
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
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
A decision by the tax tribunal opened the door to lower NI on motoring expenses. Now the Taxman is fighting back. What’s the story?
Published 23.02.2011