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
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
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
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
You’re thinking of personally raising some finance for your business. How can you make sure you get a tax deduction for any interest paid on this loan? Are there any traps for the unwary? Strictly
business
Published 21.10.2004
A friend has told you that he’s claiming tax relief on interest he’s paid on a loan he took out to pay for a holiday. He secured the borrowing on his home to get a lower rate of interest. Will the
Taxman really allow this?
Published 08.05.2009
The loan offer from your company’s bank seems expensive. However, you can personally raise some cheaper finance for your business. How can you make sure you get a tax deduction for any interest paid
on this loan?
Published 01.03.2007
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
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
Buy-to-let landlords and business owners may be able to reorganise their finances to get tax relief on loans to finance their hobbies and other non-qualifying activities. How does this work?
Published 05.07.2007