S R Lynn & Co·Blog

Tax relief on equipment you haven’t paid for (yet)

The timing of tax relief for purchases of equipment isn’t straightforward when payments are delayed or goods are purchased through hire purchase (HP) agreements. How can you use these rules to your advantage and get tax relief before you’ve paid the final invoice?

Articles

Is there a better option than the scale charge?

17th July 2024 by Joanne Stoneman

HMRC announced revised CO2 emission scale charge rates for private road fuel from 1 May 2024. But is there an alternative way of accounting for VAT on the private fuel used for your business vehicles?

Tax and NI planning for multiple directorships

16th July 2024 by Joanne Stoneman

You’re a shareholder and director of three companies. You currently take a low salary from each company topped up with dividends. But is this really the most tax-efficient option?

IHT exemptions - when and how to use them

10th July 2024 by Joanne Stoneman

Naturally, you want to keep as much of your estate as possible from HMRC’s coffers and so increase the amount your beneficiaries will receive. What simple steps can you take now to achieve this?

Showing Articles 181 - 183 of 317 Articles