The Indicator Podcast

The Indicator Podcast

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The Indicator Podcast episodes

  • How to share company income with your spouse or civil partner to save tax

    You know that sharing your company’s income with your spouse or civil partner can save tax. But you’re not sure how to do this in practice to secure the maximum tax advantage. In this episode we explain all the ins and outs to stay on the right side of HMRC.  Plus, several employees are on zero hours contracts and you need to calculate their holiday dues. You’ve heard that you should no longer use the 12.07% figure. Is that correct?  


    Hosted on Ausha. See ausha.co/privacy-policy for more information.

    11 min
  • Helping staff with the cost of living crisis

    In this episode to help curb the impact of soaring living costs, you want to pay your staff a one-off bonus. But what should you make clear to your workforce to avoid problems later on? Plus if your employees worked from home during the pandemic they were entitled to claim £6 per week tax relief. The problem is that if HMRC has now adjusted their tax code for this claim they may be underpaying PAYE. How can you help?  


    Hosted on Ausha. See ausha.co/privacy-policy for more information.

    9 min
  • What's the optimal director-shareholder's salary for 2022/23?

    In this episode we consider the director shareholder's perennial question – what’s the optimal salary to take in 2022/23? This year it’s been complicated by the Chancellor’s Spring Statement. We take a deep dive and come up with the key figure. Plus, a London law firm hit the headlines for offering its employees the opportunity to work permanently from home if they agree to a 20% pay cut. Seems reasonable from an employer's perspective but is it legal?  


    Hosted on Ausha. See ausha.co/privacy-policy for more information.

    10 min
  • The pros and cons of taking salary from a start up

    In this episode we look at the situation of having used personal savings to fund a new business venture which you expect to take a year to be financially self sufficient. You can’t see the point of taking a salary until then, but might you be missing out on tax and other advantages? We look at the pros and cons. Plus, HSE statistics show that 22% of ill health reports are due to occupational lung disease caused by exposure to chemicals. But why

    shouldn’t you rely on PPE to control the risk?  


    Hosted on Ausha. See ausha.co/privacy-policy for more information.

    10 min
  • Playing it safe with flexible working requests

    In this episode we consider the case of a small employer who has been ordered to pay a former employee £60,000 in compensation because her request for remote working was denied. Why did this amount to sex discrimination? Plus, the last few years has seen an increase in people opting for SIM-only deals for calls and data. How does tax relief for business use of these differ from an all-inclusive contract? We explain all that you need to know.   


    Hosted on Ausha. See ausha.co/privacy-policy for more information.

    10 min
  • Postie's dismissal was unfair

    In this episode, a postal worker who stuck a piece of gum on a customer’s

    property whilst on his round was sacked for gross misconduct. Why was his
    dismissal found to be unfair? Plus, HMRC is currently writing to taxpayers that need
    to repay some or all of their self-employment income support scheme grants.
    What action needs to be taken on receipt of such a letter? 


    Hosted on Ausha. See ausha.co/privacy-policy for more information.

    8 min
  • How to pay more than HMRC's approved mileage rates

    In this episode we cover the challenging subject of employees using their own cars for business. The HMRC rate you can pay isn’t enough to offset the high price of fuel. Are there alternatives that won’t come with a tax and NI charge? Plus, as a director you probably assume that you’re safe from personal liability. But is that really true? We explain the risks and what you can do to mitigate them.  


    Hosted on Ausha. See ausha.co/privacy-policy for more information.

    9 min
  • When misconduct is gross enough to sack

    In this episode we consider the case of an employee who was sacked after he used the work toilet and then failed to flush was found to have been fairly dismissed. What can you learn from the employer? Plus, during recent HSE inspections, 65% of businesses were found to be in breach of the law. We explain the key risk areas for you to focus on.  


    Hosted on Ausha. See ausha.co/privacy-policy for more information.

    9 min
  • Directors' tax efficient bonuses

    In this episode the directors want to pay a bonus so the company can reduce its corporation tax bill. The trouble is they don’t want to pay tax on it until the following year. We explain if it's possible. Plus, on 6 April a new digital version of the fit note was introduced. It’s been suggested that these documents will be easier to forge. We discuss what you can do to protect your business.  


    Hosted on Ausha. See ausha.co/privacy-policy for more information.

    10 min
  • Part-timers' rights to bank holiday pay

    In this episode we explain the tricky rules in relation to part-timers' rights to bank holiday pay if they work over the long weekend of the Platinum Jubilee. Plus, if you can’t afford a pay rise, perhaps you’re considering making gifts to your staff. Will such gifts be tax and NI-free?  


    Hosted on Ausha. See ausha.co/privacy-policy for more information.

    9 min

About The Indicator Podcast

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Bitesize insights into tax, HR and health & safety from the experts.