by admin_ba | May 6, 2016 | Tax
You’ve converted a room in your house into a study so that you can work at home more often. A colleague tells you that this can mean that you’ll lose some of the capital gains tax relief that usually applies to homes. Is he right? Working from home As the owner... by admin_ba | Mar 18, 2016 | Tax
Rate of tax for the loans to Directors to go up! Who is likely to be affected? Close companies which make loans to their directors or make other arrangements through which directors extract funds from their companies. General description of the measure The rate... by admin_ba | Mar 18, 2016 | Tax
When will the new dividend tax be payable? A hike in tax rates will affect dividends you receive on or after 6 April 2016. Working out how much the extra tax will be is tricky enough, but when and how will you be expected to pay it? New tax rules – recap As a... by admin_ba | Mar 18, 2016 | Tax
Are meals on the company ever tax deductible? These days business lunches etc. are a common expense for most companies. The tax deductibility depends on who’s being fed and why. What are the rules and how can you work with them to maximise tax efficiency? Meals are... by admin_ba | Feb 12, 2016 | Pension Scheme, Personal Tax, Tax
If you have money to invest you could go for one of the government’s tax-advantaged schemes like ISAs. These have proved popular, but could the changes to scheme rules make a pension a better home for your cash? Tax-advantaged investments Tax-advantaged investments... by admin_ba | Jan 18, 2016 | Business Tax, Company Car, Tax
If your business provides company cars you need to take extra care in accounting for the cost of fuel. Get it wrong and your business and the driver will be hit with hefty tax and NI bills. What’s the problem and how can you avoid it? Who’s paying the fuel bill?...