The chances are that, like most households, yours is bombarded with flyers promising cost savings and tax-free income by installing a renewable energy system. But are the promises all they are
cracked up to be?
Published 31.05.2011
You’ve incurred some expenses partly for business and partly for personal reasons. Exactly how much will be allowed for tax? The Taxman’s view is contained in his “duality of purpose” doctrine. What
do you need to know?
Published 11.05.2006
Is a visiting tax officer within his rights to request a payment there and then, particularly if you haven’t even had chance to discuss it with your advisor? If this happens to you what should you
do?
Published 10.11.2005
One way the Taxman handles enquiries is to try and reconstruct how well your business should have done. A pointless exercise you may think. However, when he presents these calculations during an
enquiry, what should you do?
Published 26.04.2007
Let’s say the Taxman challenges your claim to offset initial repairs against rental income from a buy-to-let, on the grounds that this is capital expenditure. Can he do so? If so, what’s your defence
against this?
Published 01.02.2007
The Taxman’s case against a husband and wife’s business contended that the stock figures in the accounts were little better than guesses. How can you protect yourself from a similar line of attack?
Published 08.06.2006
Sometimes expenses have to be paid in cash. But if the Taxman inspects your company records he will tax you on any cash expenses that are unaccounted for. How can you make sure you’re not left out of
pocket?
Published 27.10.2005
The trend for requesting private information during an enquiry into a business continues unabated. If the Taxman sets you a deadline for handing over private records how should you respond?
Published 02.03.2006
You’ve heard that new access laws for the disabled have been introduced that could require some expensive alterations to your car park. OK, the car park was beginning to look tatty anyway, but can
you really get any tax relief for the cost?
Published 24.11.2005