Paying a nanny or any other home help will come out of your net salary, making it very costly. A colleague has suggested that putting the expense through your company will save a stack of cash. Is he
right?
Published 15.10.2013
A subscriber devised a scheme to delay paying tax and NI on his salary, but as you would expect, it came under attack from the Taxman. Unfortunately, our subscriber lost the battle, but is there a
way he can still come out on top?
Published 26.05.2010
The board has approved bonuses for the directors, but due to cash flow they won’t be paid for several months. HMRC claims the PAYE tax and NI on the bonuses is already overdue and a penalty is
payable. Can that be right?
Published 30.09.2014
Good profits don’t always translate to cash in the bank. So if you want to reward yourself and the other directors for a successful year, how can you do so if there’s not enough money and whilst
maximising tax efficiency?
Published 13.02.2018
A colleague has told you that a new, wider-reaching IR35 rule might mean PAYE tax and NI is payable on income received by your company. When does this new rule apply?
Published 10.05.2013
You’ve converted a room in your house into a study so that you can work at home more often. A colleague tells you that this can mean that you’ll lose some of the capital gains tax relief that usually
applies to homes. Is he right?
Published 04.05.2016
Your company’s accounting period is ending soon and the directors want to pay a bonus so the company can reduce its corporation tax bill. The trouble is they don’t want to pay tax on it until the
following year. Is this possible?
Published 18.02.2022
The boom in house prices means that taking the extra step up the housing ladder now seems further away. Could you use company money to help out without lumbering you or it with a massive tax bill?
Published 03.03.2014
The signs are that last year was a good one and a bonus seems an appropriate reward. The trouble is there’s not much in the company’s bank account. If there’s an alternative to cash what might the
tax advantages be?
Published 03.02.2014
You own an income-generating property. Is it possible to divert some of the income to your spouse as they pay tax at a lower rate, even though they’re not a joint owner? What’s the most effective way
to beat the Taxman?
Published 05.12.2007