Newsletters
-
Can you reverse payroll tax on perks?
Tax and NI on perks can be avoided by “making good”. This involves the director or employee who received the benefit reimbursing their employer for it. But are you allowed to make good a perk if PAYE tax has already been paid on it?
-
Considerations when employing a director’s spouse
A director’s spouse doesn’t currently work and he’s asked you if the company can employ her in an administrative capacity. What do you need to consider and how much can the company pay her?
-
Construction industry scheme - what’s the latest?
In a move to prevent or at least reduce tax avoidance, changes to the construction industry scheme (CIS) rules takes effect from April 2024. As a contractor or subcontractor in the industry, what do y
-
Has Post Office wrongly claimed tax relief for compensation?
It’s been widely reported that the Post Office wasn’t entitled to tax relief for compensation it expects to pay to sub-postmasters. If that’s the case, might you be in trouble with HMRC if you’ve ever claimed relief for compensation paid to a customer?
-
Pros and cons of charging your company rent
If you own your business’s trading premises, charging rent can be a good way to extract income. The trouble is it can increase any capital gains tax (CGT) payable if you sell the property. Can the income tax saving justify the extra CGT?
-
Tax deduction for a gifted asset?
You received a smart new laptop for Christmas which you’ll use for work. Even though it cost you nothing can you claim a tax deduction in respect of the business use?
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.