Tax Return Adviser Ltd
Newsletters
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Tax reliefs and deductions - know your (time) limits!
Strict time limits apply to claims by individuals and businesses for tax deductions and reliefs. What are the key dates you need to know to ensure you don’t lose your entitlement to them?
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Fluctuations in FX rates: the tax implications
You recently sold a property located overseas. You are aware that the fluctuations in currency exchange rates need to be accounted for, but are unsure about how to treat costs relating to the overseas mortgage settlement. What do you need to do?
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How does the annual adjustment work?
Your business is partially exempt and uses the standard method to work out how much input tax to claim each quarter. However, you have not carried out any annual adjustment calculations for the last three years. What action should you take to correct this problem?
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New companies - how soon can a director be paid?
You’ve formed a company and are in the process of getting it up and running. As it hasn’t generated any income yet can it pay you a salary, and if it does will it be entitled to tax relief for it?
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Autumn Statement tax cuts focus on National Insurance
With inflation decreasing faster than expected the Chancellor was able to make some cuts after all. What do you need to know?
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How much input tax to claim on mileage payments to staff?
You pay a mileage rate to staff who use their private cars for business trips. How much input tax can you claim on these payments and what records must your employees submit with their expenses claim?