- Home
- Tax
Do 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 readingMedical expenses tax rules for sole traders
If you're a sole trader you will not be able to claim a tax deduction for
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 readingDirector’s Loan Account: The Basics
If you take more money out of a company than you’ve put in - and it isn’t
Continue reading