Newsletters
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Can you claim input tax on a new pool car?
Your business buys cars for use by specific members of staff and correctly does not claim input tax. You’re thinking of buying a new pool car for general use by your staff. What are the conditions for claiming input tax?
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Tax-efficient pension contributions for your partner
A business associate says he gets a tax break by getting his company to pay a pension contribution for his spouse who’s currently not working. Is this something you should be considering?
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Break in letting: has the business ceased?
Your long-standing tenant has moved out of your buy-to-let property and you haven’t yet found another. You’re still incurring costs on the property but as there’s no rent coming in can you continue to claim a tax deduction for them?
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Are you due an NI refund?
There are good reasons for keeping a close eye on your NI contributions. For example, they are key to your entitlement to the state pension and other benefits. How can you identify and check if you’ve over or underpaid contributions?
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Greater regulation for Airbnb, but what about the tax?
Airbnb and other short-term letting businesses face greater government regulation. The relatively good news is that at least there are no proposals to change the tax regime. So, if you’re thinking of becoming an Airbnb-type landlord, what are the key tax considerations?
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IHT mortgage loophole: is it legal?
The press currently seem to be fixated on the rights and wrongs of inheritance tax (IHT). One of their latest claims is that older people can use a mortgage to make use of a “loophole” in the IHT rules. Is this something you should consider?