Benefits

Motor expenses are one of the most common areas where business owners get confused, and one of the areas HMRC looks at closely. Can you put your car through the business? Is it better to claim mileage instead? Are electric vehicles really better? What about if you use the vehicle personally? The answer depends on how your business is structured, how the vehicle is used and the vehicle's CO2 emissions. Let’s dissect the rules...

Can I Buy Valentine’s Gifts Through My Business? The short answer? It depends who the gift is for — and why you’re giving it. HMRC doesn’t mind genuine business gifts. What they don’t like is personal spending dressed up as business. Let’s break it down.