fiscal
Employee expenses tax and vat issues
Even finance professionals have been known to incorrectly code their employee expense claims resulting in unexpected tax treatments. David Vine, managing director of GlobalExpense, explains why the tax and VAT issues relating to employee expense claims is a black hole to many and what employers should do about it.
Cancelling Christmas could result in a tax I.O.U.
Expenses expert, David Vine, looks at the tax implications of company Christmas Festivities and warns that being a Grinch could backfire. He outlines five rules to be followed.
What the chancellor has done for British business
Chancellor Alistair Darling has slashed economic growth forecasts for next year from 2.75% to between minus 0.75% and minus 1.25%, but in a series of measures he said he'd inject an extra £20bn into the economy. Find out the changes and industry comment.
Introduction to company cars and fleet
In a series of stories over the next few weeks, Finance Week will draw together articles giving advice and recommendations on what you should consider when running a fleet or simply paying your employees' mileage.
Capital allowances: problems in plant and machinery and AIA tax
There are concerns over the new capital allowance tax rules on parts of the plant and machinery interpretations. Rebecca Bennyworth looks at what accountants might have to deal with in larger firms down to AIA issues for smaller businesses.
Assessing whether your staff are employed or self-employed for tax reasons
While the Demibourne case was a landmark tax case in judging who could be classified as self-employed, there have been more recent developments. Nichola Ross Martin advises how companies should assess employees and the new employment guidance from HMRC.
British government warned its cross border tax rules may be illegal
The British government has been told that its rules on companies' cross border tax relief should be dropped.
Tax implications for corporate finance on directors' redundancies
Redundancy is a word that's likely to make a come-back, but pain can mitigated by knowing the tax system. Should you be a managing director, own your own business or be party to the directors' night of the long knives in which you find your own fate wrapped up with the doomed, when can you get tax-free payments? Nichola Ross Martin examines how the accountants can help the corporate finance department.
Jon Moulton's tips for surviving the downturn
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Private equity specialist, Jon Moulton, tells corporate finance that handling cash smartly and ruthlessly is now a necessity. Dump DB pensions, be canny with R&D budgets and take money from the tax man are amongst his recommendations, reports John Stokdyk.
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more