- Home
- Limited company
Funding university costs tax effectively
Financially supporting your children by paying their university costs can
Continue readingEmploying your children in your business
If you have a backlog of work to deal with over the summer holidays, claiming
Continue readingDo directors need to file a personal tax return?
According to HMRC’s published guidance (which you can see here), all
Continue readingWhat is the child benefit tax charge?
The child benefit tax charge is a tax charge which recovers up to 100%
Continue readingTravel expenses for electric or hybrid cars
Unfortunately HMRC does not consider the cost of charging your electric
Continue readingAre business gifts tax deductible?
As a general rule, business gifts are not considered tax deductible, as
Continue readingHow to calculate VATable turnover
When calculating whether you have reached the VAT registration threshold
Continue readingVAT implications for mixed use assets
If you buy an asset solely for use in the business, then you can claim
Continue readingBenefits in Kind and P11ds
What are Benefits in KindSome costs are allowable for corporation tax but
Continue readingTrivial Benefits: What are they and what are the rules?
New rules were introduced in the 2016/17 tax year which allow up to £300
Continue reading