by ShoeBox | Aug 1, 2021 | Expenses, Mileage tax refund, Tax saving tips
If you are using your own vehicle for work and are being reimbursed less than 0.45p per mile by your employer then you are actually entitled to make a claim to HMRC for the difference. This is known as claiming tax relief. Here is an example: John is a Healthcare...
by ShoeBox | May 3, 2021 | Tax saving tips
The home working allowance is nothing new. In fact, it has been a staple expense that our accountants discuss with their clients when conducting their tax efficiency reviews for a fair few years now. However, because of the pandemic, HMRC has changed the rules on how...
by ShoeBox | Apr 3, 2021 | Money tips, Tax saving tips
How you go about claiming business mileage tax relief really depends on how much relief you are looking to claim for. It is important to note here that the tax relief being claimed and a tax refund are two completely different things. Here is a quick note on each to...
by ShoeBox | Jul 8, 2019 | Running a limited company, Tax saving tips
If you are an employee or a director of a company, you may be receiving benefits in kind. These are items which are given to you by the company but not through your salary. The value of these items is taxable. What is a benefit in kind? There are a number of common...
