Newsletters
-
Can dividends ever be paid from loss-making company?
Personal Tax, Business lawDividends are generally the most tax-efficient form of income you can take from your company but they can only be paid out of profits. Despite this, might there be a way for your loss-making company to pay you a dividend?
-
Tax deductions for health and safety costs
Business TaxThe Health and Safety Executive has sent you a bill for so-called intervention fees. Are you entitled to claim a tax deduction for these?
-
Turning accumulated profits into gains to save tax
Personal TaxBusiness asset disposal relief (BADR) can reduce the rate of tax on capital gains. However, tricky conditions can mean that BADR is lost. How can you ensure that you don’t lose out?
-
Back-door company loans - is there a problem?
Business Tax, Personal TaxYou’re starting a new business in partnership with a colleague. If your existing business, which operates through a company, provides start-up cash in the form of a loan, are there tax consequences?
-
Put employment income through your company to save tax?
Personal TaxA colleague has suggested that you can lower your tax and NI bill if your employer pays your earnings to the company you use to run a part-time business. Is he correct?
-
Compensating a departing director or employee
Business Tax, Employment lawA dispute in the boardroom has resulted in one of the directors resigning from the firm. A financial settlement has been agreed to prevent the departure becoming acrimonious. Can the company apply the £30,000 exemption to the payment?
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.