You and other local business owners want to form an association. The idea is to pool ideas and discuss issues that affect your businesses in a social environment, say, over a meal. But will the association’s costs be tax deductible?
Since 6 April 2016 certain types of benefit, mainly cars and vans, have been subject to new rules which mean that directors and employees can’t escape tax by paying their employer a fair price for the perk. What’s the full story?
If life for those working through an intermediary business wasn’t tricky enough already, HMRC now says draft legislation on the new travel and subsistence rules is wrong. What should you be doing to keep within the new rules?
You’ve decided to upgrade your website and are laying out thousands on development and running costs. Your bookkeeper says that some of these are capital and therefore might not qualify for a tax deduction. Can this be right?
One of our subscribers uses a supplier who’s often late in sending its invoices. This sometimes results in a delay of nearly three months before they can reclaim the VAT. Can self-billing solve the problem?
Dividend tax again! Unless you’ve slept through the last nine months you’ll know about the new higher dividend tax rates which apply from 6 April 2016. If you’re a director shareholder who takes a large part of your income as dividends, you’ll feel the effect...
Tax on dividends is increasing from April 2016 and the government is attacking the sheltering of income through companies. A safe, tax-efficient profit extraction method is needed, but is there anything that fits the bill?