Taxation

This category contains 38 posts

Gift Wisely

Know The Gift Tax Rules. Be wise. If, as the boss, you pop into Waitrose and buy five £25 bottles of rum to give to each of your employees, be sure of the reasons (for tax purposes). If you take them into the office and say “Ladies and Gents – we’re hitting targets so here’s … Continue reading

Get Yourself A Tax-Free Gift

Did you know that as a limited company director, you could get yourself and your employees (if you have any) gifts several times a year and have the cost treated as tax-free? The caveats (yes, there are always some) are that they can’t be: cash or cash vouchers contractual entitlements rewards for performance/effort £50 or … Continue reading

PAYROLL – STAYING LEGAL

If you employ at least one person, it is important that you keep up to date with PAYE changes that may affect you and your employees. Personal Tax Account This is a new online service for your employees on any device – PC, tablet or smartphone. It is really secure, and takes just a few … Continue reading

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