HMRC won’t allow you tax relief for interest you pay on loans used to buy or improve your home. But if you’re an owner manager of a business, you might be able to obtain relief by the back door. How
is it done?
Published 16.03.2018
A friend has told you that his accountant was able to get him tax relief for his home mortgage interest. As relief for this type of interest ended decades ago, how was it possible and might you be
able to do the same?
Published 18.03.2024
To reduce the tax on dividends paid by your company you’re considering transferring some of your shares to your spouse. The plan is to do this by way of a gift, but is there an extra tax advantage if
you sold them instead?
Published 08.05.2022
Your business uses a property that you own. You’ve been told that when it comes to IHT you can leave the value of this out of the equation because it will be covered by Business Property Relief. But
can you improve on this?
Published 23.04.2009
Your new company needs working capital. You could provide it by buying more shares in it or you could lend it the cash. The latter might produce a quicker return on your money plus tax savings. How
can you take advantage of these?
Published 28.03.2019
Where you use your personal credit card to pay for business expenses, simply claiming these back from your company might mean that you’re losing out on a valuable tax deduction. Why, and what can you
do to put it right?
Published 18.03.2011
You need cash to pay a large bill, but your main home is already mortgaged to the hilt. If you’ve equity in a buy-to-let we’ve thought of a solution that also gives you tax relief on the interest on
any extra loan. How does it work?
Published 24.03.2005
To ease cash flow you’re leaving the dividends due to you in the company. But you want it to pay interest for having the use of your money. The trouble is it can’t afford to pay that either. Does the
tax system offer a silver lining to this cloud?
Published 29.03.2010
Owners of rental businesses who borrow against their property can claim a tax deduction for the interest. This can be severely restricted where the original equity in the property was small. How can
you increase your chances of a deduction?
Published 03.10.2012
Your business needs extra funds to buy equipment but it doesn’t have a track record for a bank loan, so you personally borrow the money and lend it to your company. What’s the most tax efficient way
it can pay you back?
Published 04.05.2011