There are broadly three ways to extract income from your company but none of them is singularly the most tax...

Pros and cons of employing family. Sharing your business income with your family is good for them and can be...

  Giving a share of your business to your spouse can reduce the tax bill on its profits. Alternatively, you...

  Writing off an overdrawn director’s loan account can be tax efficient. The trouble is it can come with a...

If you have to travel on business HMRC accepts the cost as a tax deductible expense. However, it argued the...

You switched from working in the office to working at home a while ago. You’ve heard that this can result...

  The rules regarding pre-registration VAT have always been a source of confusion. HMRC’s tinkering of its own internal guidance...

  Special tax rules block relief for business entertainment costs. However, the rules can be applied in different ways. What...

You’re devoting a lot of time to getting your brand new company up and running. If it pays you for...

Rules effective from April 2017 and April 2021 shifted the responsibility for deciding if IR35 applies to a contract from...