Category Archives: Tax

Can I claim through my business for using my own car?

tripcatcher

You’re using your own vehicle for your business, but what can you claim? It is common to use your own vehicle for your business, or for your employment, but do you know what you can claim and how to claim? Let’s go through some common questions: Can I put fuel and running costs for my own […]

Should I buy an electric car through my business?

If you’ve seen our earlier blog on buying cars through your business, our answer is usually NO you shouldn’t buy a car through your business! However, new rules for electric cars came into force in April 2020, making buying an electric car through your business far more attractive! So to understand the current rules around […]

Should I buy a car through my limited company

Buying a car through your company will always create a personal tax charge for you and a national insurance charge for your company. This is because HMRC expect you to have private use of your car, so you are seen to be receiving a benefit in kind that any other employee would not be entitled […]

How we can assist with a tax investigation from HMRC

Tax investigations are expensive, intrusive and stressful. The cost of an enquiry can seriously impact your financial security, and your health Register here if you’d like to be included in our tax investigation insurance from 1 April 2024 to 31 March 2025. No business is too small or too large for HMRC to challenge, but […]

What can I claim for working from home?

use of home

You’re working from home, and incurring expenses to do so, so what can you claim through your business? You have 2 options: 1. HMRC approved rates 2. Claiming a percentage of your household bills. So let’s look at each in turn. 1. HMRC approved rates The easiest way to claim for working from home is […]