Owning your company jointly with your spouse can significantly reduce your tax bill compared with owning it alone. It’s worth transferring shares as a gift to achieve this, but might a sale to your
spouse be even more tax efficient?
Published 19.02.2019
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
You’ve built up the value of your company over many years, meaning the shares you own in it are now worth a tidy sum. How can you use this capital to obtain some extra tax relief?
Published 22.01.2013
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
As a residential landlord you’ll know that HMRC is reducing tax relief on interest you pay on loans used to buy properties to let. Transferring a let property to a company is one way to avoid this,
but is there a better alternative?
Published 19.03.2019
You started your company using a bank loan on which you claim tax relief for the interest you pay. The business has grown and you want to bring other family members in by giving them shares. Why
might this increase your income tax bill?
Published 09.02.2022
Your business needs a vehicle and some equipment. It will have to borrow to make these purchases. You personally have the cash which you could lend to the business, but might there be a more
tax-efficient option?
Published 06.02.2024
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 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
If you borrow money to inject into your company, you can claim tax relief for the interest you pay. But not all borrowing or interest qualifies and there are pitfalls that can cause you to lose the
tax relief. How can you avoid these problems?
Published 14.02.2020