Where your company makes a loan to a director or employee at a low or zero interest rate, this can trigger a taxable benefit-in-kind (BiK). There’s a technique to reduce the tax bill on this. How
does it work?
Published 05.04.2012
Whether you’re interested in sport or not, the world will have its eyes focused on the UK this summer. This will no doubt include a good many of your employees. How can you turn this potential
distraction into a tax-free benefit?
Published 02.05.2012
The tax and NI you pay on your luxury company car has gone through the roof over the last few years. You’ve decided to transfer the car into your personal name to avoid this. What’s the most
tax-efficient way to do this?
Published 18.03.2011
A colleague has told you that instead of discounts from his suppliers he’s asking them for extra items, free of charge. He reckons that as these have no cost he can take them out of his company
tax-free. Is this something you could do?
Published 03.12.2009
Where your company buys or makes something and later gives it to you, this can trigger stiff tax charges. But is there a way you can use your company’s buying power to save money on purchases and
dodge the tax charges altogether?
Published 19.01.2011
The personal tax cost of borrowing from your company is currently quite low. However, when the time comes to repay the loan there’s a neat trick you can use to reduce it further. What is it and how
does it work?
Published 21.01.2015
Do you want to get some cash out of the company tax-free? You could hand over the keys to your family’s second car in exchange for cash, and keep using it. But will having more than one company car
land you with a big tax bill?
Published 09.04.2009
Where your company pays for improvements to property which you own, this counts as a taxable benefit for you even if the business occupies and uses the building. How can you defer and possibly reduce
the tax bill?
Published 22.07.2011
You lent your company money to help when it first started trading. Recently you needed some of it back and the Taxman is now claiming that you and the company owe tax as a consequence. How should you
respond to this?
Published 04.12.2008
There’s a lot to consider if you’re planning to sell your company. A successful sale doesn’t go through overnight. But while the Is are being dotted and the Ts crossed, what steps can you take to
save tax on the deal?
Published 17.02.2011