Newsletters

Travel expenses - exempt or not?

Business Tax, Personal Tax

You have several employees who travel from home or their workplace in the course of doing their job. Naturally, you meet the cost of their travel but should you be deducting tax and NI from the payments, or are they exempt?

09.05.2025

Lending to a relative - avoiding the tax trap

Business Tax, Personal Tax

Your daughter needs financial help to get her company started. You’ve agreed that your company will lend her the money. Your accountant says that this will trigger a tax charge. What is the charge and how can you legitimately dodge it?

07.05.2025

Could HMRC incorrectly withdraw you from annual accounting?

VAT

Your business can only use the annual accounting scheme (AAS) if its annual sales are below certain limits. Is there a risk that HMRC could wrongly instruct you to leave and, if so, what can you do about it?

29.04.2025

The government has published the results of a survey of over 2,000 employers on their awareness of correct right to work checks. What do the results show?

Business law, Employment law

The government has published the results of a survey of over 2,000 employers on their awareness of correct right to work checks. What do the results show?

24.04.2025

Income splitting - tackling the practical issue

Personal Tax, Business law

You recently started a new business which you run through a company. You’ve been told that you can reduce your tax and NI bill if you issue your spouse with shares in the company. Assuming that’s correct, what are the practicalities involved?

23.04.2025

How to pay a tax-efficient golden handshake

Business Tax, Personal Tax, Employment law

One of your firm’s directors is retiring soon and the board want to pay him a lump sum to reward his long service. The trouble is that golden handshakes are usually taxable. Is there a more tax-efficient alternative?

15.04.2025