If you’re looking for extra room or a new home for your business, the government is keen for you to site it on derelict land and it will give you a tax break for doing so. How much is this worth and how does it work? What’s LRR? Land remediation relief (LRR) was introduced in [...]
You’ve taken a stand at a trade fair, and to pull in the punters you’ve splashed out on some booze and fancy nibbles. Normally there’s no tax deduction for this type of expense, but you can take steps to change this - what are they? Advertising or entertainment The line between promoting your company to [...]
The government has at last decided how much transferable tax allowances will be worth and how you can qualify for them. But if you don’t meet the conditions is there an alternative way you can achieve the same or a better tax saving? Whatever your views on the rights and wrongs of transferable tax allowances [...]
Your daughter has a brilliant idea for a new business, but she wants you to help fund it. You could dig into your personal savings or use some of your company’s money, but which will give you the best tax result? What is tax efficiency? Putting money into a new company is nearly always risky, [...]