It’s January and your first self-assessment tax bill for the year is due in just a few days. However, HMRC allows you to reduce the amount payable in the right circumstances. What are they and what
happens if you get your sums wrong?
Published 15.01.2018
A new tax year starts in April and the good news is that you’ll be able to receive significantly more income taxable at the basic rate. How can you make the most of this when planning how to take
income from your company in 2017/18?
Published 19.01.2017
You have a large self-assessment tax bill to pay at the end of January. The trouble is that after the excesses of the festive season you’re a bit strapped for cash. What are the tax consequences of
using company funds to pay HMRC?
Published 09.01.2017
It’s a couple of weeks until the deadline for declaring benefits in kind to HMRC for 2018/19. How can you use a current year dividend to prevent the resulting tax charge and replace it with a lower
one payable at a later date?
Published 25.06.2019
On advice from your accountant your businesses are owned by separate companies within a group. As a director of each company what’s the most tax and NI-efficient way to be paid earnings from them?
Published 02.01.2024
This year’s accounts show a healthy profit and you want your share of it now, but one of your fellow directors insists he wants to defer indefinitely to keep his tax bill down. Is there something you
can do to keep you both happy?
Published 02.04.2013
As the end of the tax year is just weeks away, now is the time to consider tax planning, especially around the income you take from your company. What steps will improve your tax efficiency?
Published 09.02.2021
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
One of our subscribers recently received his tax code for 2016/17. It includes a deduction to collect tax for an out of date year. While HMRC seems to be using this tactic more frequently, do the
rules allow it?
Published 05.04.2016
The new tax rules for salary sacrifice schemes have recently been drafted and the good news is they include some concessions over the original proposals. How might these affect you and your
employees?
Published 02.02.2017