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
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
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
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
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
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
“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
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
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
From April the amount of tax and NI-free money a director can borrow from their company will double. How will the new higher limit apply and what steps can you take to secure the maximum advantage?
Published 17.01.2014