A director made a big credit card purchase of stock for her company as it was short of cash. It was several months before it could it pay her back. If the company pays her credit card charges can it
do so tax and NI free?
Published 05.09.2019
As an employer you decide if expenses you pay or reimburse your employees are exempt or liable to PAYE tax and NI. HMRC says if you get it wrong it will hold you liable for the lost tax and NI. Is
that right?
Published 19.03.2019
NI has no system for allowing deductions where an expenses payment relates to a mixed business and personal cost; your company has to pay NI on the lot. But is there a way around this rule?
Published 22.12.2010
An employee recently put in an expenses claim for the last three months. Most of it relates to 2015/16, but he was reimbursed in 2016/17. Your bookkeeper isn’t sure what to enter, if anything, on the
P11D for 2015/16?
Published 04.05.2016
When your business pays another for work it can claim the cost as a tax deduction. If, on the other hand, it pays for the work in kind what are the tax implications and is there an advantage to be
gained?
Published 20.10.2015
There’s still a need for cash even in today’s world of debit and credit cards etc. If you want your company to pay you a regular cash allowance to cover your “expenses” how should you go about it?
Published 26.10.2006
When preparing figures for your P11D returns for 2022/23 your bookkeeper noticed PAYE tax and NI hadn’t been deducted from expenses not covered by the general exemption. How can you correct the
problem at this late stage?
Published 03.05.2023
As an employer if you reimburse an expense to an employee you’re required to decide if it’s tax deductible. If it’s not, PAYE tax and NI are payable as it if were salary. But how can this rule work
if you pay employees an advance of expenses?
Published 09.01.2017
If you stay overnight on business, how much can your company pay you tax-free to cover “personal expenses” (such as phone calls)? What happens if the company overpays you by accident?
Published 15.02.2007
If your employees work at home on a regular basis, what can they claim for? The Taxman has just changed his advice in this area; should you?
Published 09.05.2008