Questions And Answers
Read our expert answers to your questions
The tax implications of owing your company money
I have an overdrawn director’s loan account with my company of £15,000, what are the tax implications?
First published 28 Feb 2022
Consequences of paying tax late
First published 30 Jan 2020
Last updated 10 Feb 2022
Can I claim back Statutory Sick Pay if my employee has COVID-19?
First published 25 Jan 2022
Can I use the Flat Rate VAT Scheme?
First published 25 Jan 2022
What penalties can I expect for a late tax return?
First published 26 Jan 2016
Last updated 13 Jan 2022
How to apply for gross payment status as a CIS subcontractor
First published 17 Dec 2021
What to do if your limited company makes a trading loss
First published 17 Dec 2021
Christmas Party Costs
First published 26 Nov 2019
Last updated 16 Dec 2021
Petrol versus electric cars – what are the tax differences?
First published 30 Nov 2021
Last updated 30 Nov 2021
My P11D is late
First published 30 Nov 2021
Can I claim back any input VAT?
First published 22 Nov 2021
Last updated 20 Mar 2024
Do I have to file my Capital Gains Tax report in 30 or 60 days?
First published 22 Nov 2021
Last updated 30 Nov 2021
Can I buy my employee a present?
First published 30 Oct 2019
Last updated 9 Dec 2021
Can I pay my tax bill through my PAYE tax code?
First published 4 Oct 2019
Last updated 17 Apr 2024
How to close your company
First published 15 Oct 2021
Last updated 30 Nov 2021