Taxation

HMRC is undertaking a consultation that could see the use and enjoyment rules extend to advertising. What do you need to know?   Extension. In the 2015 Budget the government … Read more

You’re eyeing up some growth opportunities. This is likely to include buying goods from a supplier outside the UK and then delivering them directly to an overseas customer. What would … Read more

HMRC’s bad debt rules mean that if a customer doesn’t pay your bill you can at least reclaim any VAT you’ve accounted for. But what’s the VAT position if you’re … Read more

A new tax exemption for perks took effect on 6 April 2016. It applies to all employees, but there are special rules for directors. What are they, and how can … Read more

If you run your business through a company which pays you dividends you might be better or worse off in tax terms from 6 April 2016. We’ve crunched the numbers … Read more

From 6 April 2016 some directors and employees won’t be allowed to claim tax relief on certain business-related travel expenses. How might this new rule affect you and your company’s … Read more

Like any business, you and your staff are often out on the road visiting clients, suppliers, attending events etc. Business travel is something of a soft target for HMRC so … Read more

Auto-enrolment recap As you probably know, the auto-enrolment(AE) rules require that you include all employees who are between 16 and state retirement age and earn more than the so-called earnings trigger (£833 per month for 2015/16) in … Read more

Taxing benefits The current system of taxing benefits in kind has always been contentious. It involves the dreaded annual routine of completingFormP11D which, as you’ll no doubt be aware, can be time consuming for you and … Read more

Buy-to-let tax relief The buy-to-let market continues to grow and despite ups and downs over the years it can provide a good return on investment. Because of this you’ve decided to get in onthe action, but you’ll need to borrow … Read more