Daily Archives: 23/12/2019

Can you claim your Christmas party as a business expense?

2020-04-30T15:35:44+01:00By |

Christmas is a great time for celebrating and reflecting on your achievements over the last year. Contractors often ask us if they can claim the cost of a Christmas ‘do’ as an allowable business expense. The good news is that ‘Yes’, you can, but of course there are some criteria that must be met. If [...]

What is a Director’s Loan Account?

2020-04-30T15:33:19+01:00By |

An area that contractor’s often ask about is Director’s Loans. Based on the questions we get, we’ve put together a comprehensive guide that covers everything you need to know, such as who can take a Director’s Loan, guidelines for taking a loan and tax implications connected to it. Never be confused by a Director’s Loan [...]