You’ve borrowed some cash from your company as a stop-gap. But when the time comes to pay the money back finances are tight. How can you turn this tricky situation into a tax advantage?
Published 27.05.2009
The tax break for company-paid childcare was scaled back a while ago, but it’s still possible to get a tax and NI exemption on up to £55 per week. How can you achieve this and possibly do better?
Published 11.12.2012
You want to pay yourself in the most tax-efficient way and this usually involves taking dividends, but these can only be paid if your company makes a profit. So what’s the position if you get your
sums wrong and you take too much?
Published 15.07.2013
You’ve used your company credit card to buy some Christmas gifts and stock up on booze for the festive season. There will be tax and NI to pay if you don’t pay your company back. But how long can you
put off doing this?
Published 27.11.2012
When it comes to finances it’s easy to think of your company as just an extension to your personal bank account. So, dipping into it for cash to tide you over might not seem like a big deal. But
what’s the Taxman’s view?
Published 05.01.2010
Where you borrow money interest-free from your company, you can land yourself with a tax bill. But a friend, who’s also a director, tells you that he avoids this by paying interest to his company.
Will this also work for you?
Published 31.10.2011
Dividends are the most tax and NI-efficient way to take income from your company. The trouble is they can only be paid when your company has sufficient profits. But how do you work this out?
Published 27.11.2013
Banks are now paying interest at all-time-low rates. So, could you use your director’s loan account to switch the investment to one in your company’s name, and get a better result?
Published 07.05.2009
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
During the last year you’ve used your company’s money to pay a number of personal bills. This will trigger extra tax for your company unless you reimburse it or it waives the debt. What’s the most
tax-efficient way to tackle this?
Published 30.03.2017