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Can company directors entertain themselves tax free?

Can company directors entertain themselves tax free?

by Martin Craighan | Nov 17, 2022 | Latest Tax News, SAVE YOU TAX, Tax News, Tax Tips

You as well as your fellow directors have actually simply landed a prestigious new client as well as you plan to commemorate in vogue. Is the company qualified to a tax deduction for such expense? Business expenses Normally, expenses sustained by a company are...
Tax break for property landlords who are business owners

Tax break for property landlords who are business owners

by Martin Craighan | Nov 17, 2022 | Latest Tax News, SAVE YOU TAX, Tax News, Tax Tips

You directly have a buy-to-let property and also you additionally possess a company. The guidelines do not allow you to reclaim the VAT paid on your property letting prices. Exactly how can you utilize your company to redeem the VAT? Exempt lease Letting a property,...
Tax deductions for new property rental business

Tax deductions for new property rental business

by Martin Craighan | Nov 15, 2022 | Latest Tax News, SAVE YOU TAX, Tax News, Tax Tips

Your company bought, refurbished and furnished two residential properties which have been let. You’re now preparing the first rental income accounts. Which refurbishment and start-up costs can you claim a tax deduction for? Rental business The costs of starting and...

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