Newsletters
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How can using a company to buy a home be tax efficient?
A small company owner is moving home. They have been approved for a mortgage, but seem adamant that they can save money by using their cash-rich company to buy it instead. Is this the case, and is there an alternative if not?
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Doubling the tax-free estate
15 years ago the inheritance tax nil rate band was made transferable. This doubled the tax-free amount for many estates. With a little planning some estates could do even better. How can this be achieved?
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Avoiding a VAT deregistration headache
A sole trader deregistered from VAT two months ago because of an expectation of reduced turnover. But they are concerned that they must re-register immediately because sales have still exceeded £85,000. Are their concerns justified?
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Can making good benefits be tax efficient?
A company has provided the owner manager with benefits in kind on which they’ve been taxed. It’s possible to reverse this by making good the benefit. But will this save the owner and the company tax in the long run?
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Uber case has wider implications
The High Court has ruled that under the agent and principal rules Uber must charge VAT to its customers. Previously, the practice was to treat the driver as the principal. What could this mean for businesses?
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Summer party for staff: taxable or exempt?
A company is looking to hold a summer event for its staff. It's not sure what form this will take as yet, but the tax and NI position will be a factor due to the cost. What are the rules here?