Tax Insider is a new venture from TaxationWeb, the UK's leading independent tax portal.

Taxation Web
Business Tax Insider
Business Tax Insider

Lower your business taxes today!

Try Business Tax Insider today and get the following delivered to your doorstep:

Here is what our tax experts are sharing with you:


  • Travelling Expenses - HMRC Gets Tough

    James Bailey highlights potential difficulties faced by the self-employed when travelling from home on business.  With HMRC challenging travelling expenses for the self-employed, and no clear legislative guidance, business travel can lead to expensive arguments with HMRC...
  • Entrepreneurs’ Relief: Not Many People Know This…

    Ken Moody delves into some murky aspects of capital gains tax entrepreneurs’ relief, and highlights some possible pitfalls and planning opportunities. Entrepreneurs’ relief (ER) is a valuable relief, which can reduce the capital gains tax (CGT) rate on qualifying business disposals to only 10%. However, ER is not a relief to be taken for granted and, for a relatively short piece of legislation, gives rise to more than its fair share of potential pitfalls...
  • Paying A Bonus; Points to Consider 

    Jennifer Adams considers when a bonus may be a useful way to extract business profits. As readers of Business Tax Insider are aware, funds may be extracted from a company in a variety of ways. For a director, the choice is invariably between the taking of salary or a dividend; but there are circumstances which might compel payment via a bonus...
  • Company Car Conundrums!

    Lee Sharpe provides a checklist covering the main issues relating to company car taxation. The ‘company car’ tax benefit, and the corresponding ‘car fuel’ benefit, are some of the most common – and some of the most expensive – taxable benefits in kind around. There have been numerous attempts to circumvent the tax charge over the years, with mixed success. It would be fair to say that HMRC takes a very ‘robust’ line if it perceives an...
  • Tax Insider: Tax Tips
  • Tax Insider: Your Property Tax Questions Answered by Arthur Weller
Try Business Tax Insider Today!

Pay Monthly - Current issue and previous two issues are free, and then each issue is only £9.97 monthly thereafter. No minimum tie-ins, you can cancel whenever you want!

12 Month Annual Subscription - Save 20% - Pay only £95 for a 12 month subscription. 30 Day Money Back Guarantee.

Customer Success Stories
My accountant and I need absolutely accurate and the most up-to-date advice that we can possibly get. Time and time again Tax Insider has come up with the goods!

I wholeheartedly recommend the ‘Tax Insider’ to anyone who is interested in legitimately minimising their tax bill.

Dr Bennie Mallett, General Practitioner
Business Tax Insider will benefit business owners, company directors and entrepreneurs.

Each month our experts reveal tax saving strategies covering the whole business life cycle including:

  • Tax saving tips for early years of business
  • How to maximise business expenses
  • How to maximise capital expenditure
  • Extracting profits from a company
  • Tax implications of employing people
  • Tax efficient business exit strategies
  • Plus more…

1 2 3 4 5 next »  Tax Articles  1 - 10 of 89
Back to Questions
« Previous Question 51 of 67 Next »

I am an ex director of a now dissolved company what is my position and the tax position of the company?

I held the position of director in a limited company which was involuntarily struck off by Companies House in Feb 2011 with some outstanding VAT and CT liabilities. HMRC did not raise an objection to the strike off despite it being published in the London Gazette on two occasions. What is the position of the (now dissolved) company in relation to its tax liabilities? What is my position as the ex-director?

Arthur Weller Replies:
There is a possibility that HMRC will pursue the case by trying to get the company reinstated. They could in theory also pursue the director for wrongful trading (if this is applicable). However if the figures involved are relatively small it is quite possible that HMRC won't bother. This can be seen on
1 2 3 4 5 next »  Tax Tips  1 - 10 of 90
Reasons to buy
  • Very easy to read - written in plain english
  • Written by UK leading and practising tax experts
  • Guaranteed to minimise or avoid your tax liabilities
  • Keeps you up-to-date with changes in tax legislation
  • One month free trial (so you have nothing to lose)