Discussing the Autumn Budget
As the dust settles on Rachel Reeves' autumn budget, Duncan Callow, Managing Director of Indicator and Tony Court, their resident tax expert break down the need-to-know information from the first Labour budget in 14 years.
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Your business pays a fixed mileage allowance to staff who use their private cars for business travel. The rates published by HMRC have been frozen since 2011 but is this relevant to determine how much input tax you can claim on the payments?
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You’re a director with a substantial salary and your partner isn’t working right now. If you could split your salary with your partner the tax saving would make a real difference. How can you legitimately share your salary to improve the overall tax position?