Accountants in South West London

Avoiding Tax on Your Home Phone

Posted by on October 3, 2012 at 10:20 am

The phone bill of a home phone paid by the company can be considered as a taxable benefit-in-kind for employees and as a result can lead to a NI bill for the employer. Are there any ways to supply a phone to your employee but to avoid tax and NI.

All about the Rent a Room Relief

Posted by on September 14, 2012 at 10:34 am

When renting a room in your own home, the tax implications of the rental income earned is something that most people ignore. The aim of this article is to outline few points related to your rental income. Where you let part of your home, HMRC calculates the taxable income for a year by deducting something […]