Newsletters
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IHT exemptions - when and how to use them
Naturally, you want to keep as much of your estate as possible from HMRC’s coffers and so increase the amount your beneficiaries will receive. What simple steps can you take now to achieve this?
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Why your tax code is now more important than ever
The amount of tax you pay on your salary depends on your tax code. If it’s wrong you’ll pay too much or too little. For many this can be a temporary issue, for others it can be permanent. What’s the problem and what can you do about it?
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Directors’ remuneration - avoiding HMRC penalties
The timing of HMRC payroll reporting for employees is straightforward. However, for directors’ salaries etc. special rules can mean you need to send a report to HMRC sooner than you might think. What are the trigger points for reporting?
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Company loan v company credit card
As a director shareholder, borrowing cash from your company can trigger tax charges for both you and it. To avoid these a colleague has suggested that it’s more tax efficient to obtain a company credit card and use that instead. Is she correct?
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The trading allowance - something for nothing?
If you earn a little income on the side, the trading allowance can exempt it from tax or reduce the amount payable. What types of income does it apply to and how does it work?
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Save tax with pedal power
With summer on the way some of your workers have asked whether you would consider starting a cycle-to-work scheme. Is there a simple way to set one up?