gifts

This tag is associated with 2 posts

Trivial Benefits – A Revisit

Trivial benefits are some of the best perks of any business for both employers and employees, but note the condition below. Conditions: Cost must not exceed £50 including VAT. Must not be cash or cash vouchers. Employee must not be entitled to the benefit. Must not be given as a reward for work or performance … Continue reading

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

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Phoenix Debola is licensed and regulated by the Institute of Financial Accountants (UK), the Institute of Public Accountants (Australia) and FA and the Association of Accounting Technicians (AAT) to provide Accountancy, Tax and related services. IFA/IPA and AAT are recognised by HM Treasury to supervise compliance with the Money Laundering Regulations and Phoenix Debola Accountancy Practice is supervised by the AAT in this respect.