“Value for money” has become the mantra for cash-strapped businesses. So you’re interested when a co-director tells you that she knows how to get a tax break on the cost of a short trip for herself
and her partner. What’s to know?
Published 29.09.2009
Your accountant has handed you the firm’s P11Ds to look over before they’re sent to HMRC. Yours includes several taxi fares for journeys home late at night after board meetings. Will you have to pay
tax on these?
Published 21.06.2013
One of our subscribers recently received a bill for tax and NI on travel expenses paid to himself and two fellow directors. These payments are normally tax and NI-free, so what was the Taxman’s
problem?
Published 18.01.2011
HMRC recently updated its benchmark allowances that apply when directors or employees travel abroad on business. In what circumstances can you pay these and how can they reduce your and your
company’s tax and NI bills?
Published 10.01.2014
Following a PAYE inspection the Taxman has written saying that he’s going to disallow a director’s claim for travel expenses because there was “duality”. What does he mean by this, and is he right?
Published 26.11.2009
With the threat of a bad winter comes the risk that nervous-driver employees simply won’t drive to work. You could offer to pay for alternative transport to get them to and from work, but what’s the
Taxman’s view on this?
Published 25.11.2011
From 6 April 2016 some directors and employees won’t be allowed to claim tax relief on certain business-related travel expenses. How might this new rule affect you and your company’s tax position?
Published 22.01.2016
A director lives 200 miles from his company’s head office and stays overnight in a hotel when attending board meetings. If the company pays for this will it count as a taxable perk for the director
or is it exempt?
Published 10.11.2017
Our subscriber has asked some of her staff to temporarily work at a new location. To compensate them she pays their home-to-work travel costs tax and NI free. Her bookkeeper says that’s wrong. What
are HMRC’s rules on this?
Published 28.03.2019
You took out a personal loan to buy your company’s business premises and you’re claiming tax relief on the interest. So far so good, but the Taxman suggests there’s a way you can cut both your and
your company’s tax bill further.
Published 01.05.2012