Question, I run my own limited company and I bought a company van on 1st December 2016 which I use for both personal and business use. I believe I will have some benefit in kind tax that I need to pay but I am not sure how to calculate this or how I am meant… Read More

Question, I am a contractor working through my own limited company and I take a combination of salary and dividends. I don’t have any other income outside of my company but HMRC have just sent me a strange tax code notice where they appear to be adjusting my tax code for dividends I had taken… Read More

Question, I am a self employed sole trader providing graphic design services to a range of clients. My business has grown well over the last few years and I am now looking to take on a bit of help from other freelancers on some of my projects. Can I claim these costs as a business… Read More

Differences of Sole Trader vs Limited Company 17/18 What are the key advantages and disadvantages of trading as a self employed sole trader vs a limited company for the 2017/18 tax year? Making the decision as to which structure your business operates as┬ácan be crucial, whether that be in terms of tax savings, perception to… Read More

Question, I run a small limited company recruitment agency employing 10 members of staff. I would like to provide a free daily office canteen lunch to our staff – what are the tax issues with this, will it be taxed as a benefit in kind? Answer: The good news is that it is possible to… Read More