by Alastair Wood | May 22, 2012 | Tax Advice
There is a relatively little used benefit in kind which may be of use to directors and employees which can be used when assets are provided to them which are not covered by other benefit categories. One of the most common uses is for a providing a computer for use at...
by Alastair Wood | May 9, 2012 | Tax Advice
IR35 is concerned with companies as intermediaries providing personal services, rather than them being provided personally as an employee. HMRC is trying to lay down the law by publishing a risk based scoring system to decide whether a company is at a low, medium or...
by Alastair Wood | Mar 22, 2012 | Tax Advice
Most of the key changes in the Budget had already been leaked before the Chancellor stood up, although not necessarily the exact details. There were a few headline grabbing changes but there were few unexpected ones. As usual the Chancellor started by running...
by Alastair Wood | Mar 20, 2012 | Tax Advice
If you are a company director and are paying yourself a low salary and topped up with dividends allow read on. Up to 5 April 2012 you are probably paying yourself £589 per month, this is greater than the NI Lower Earnings Limit at which you build up state...
by Alastair Wood | Sep 22, 2011 | Tax Advice
The first question is always why do you want a company car and what do you want to use it for, in many cases a van or low emission car may be more appropriate, depending on the use it may be free or a low cost benefit. However if you are looking for a regular family...
by Alastair Wood | Sep 9, 2011 | Tax Advice
There are lots of thresholds which can be utilised or avoided in order to make the most use of the tax system. As accountants we need to consider each clients personal situation to make sure that we make the most of the opportunities while minimising their tax...
