Is the Christmas party tax allowable?
It may only be September, but many of us will have already booked our work Christmas party to celebrate. But what are the costs to your business of the Christmas party and what is tax allowable for your…
Non taxable benefits and payments to employees
Not many people realise but there is an extensive list of benefits and payments that an employer can give to an employee without having to pay income tax or national insurance on and they do not have to…
What can HMRC find out about you?
What can HMRC find out about you? When meeting new prospects we often hear “Well, HMRC won’t find out about that’ and we cringe. Not just because they’ve just effectively admitted tax evasion, but because HMRC can find…
What is a P11D and do you need to complete one?
What is a P11D? The P11D form is a statutory form required to be filed with HMRC detailing benefits paid to their employees and the cash equivalents of those benefits. You will also need to file a P11D(b)…
What business mileage can you claim?
We are often asked by our clients what business mileage they can claim back, and what tax they will have to pay if they do. Below we break down the differences between business mileage and private mileage, and…
How can I attract, retain and motivate good staff?
We are often asked by businesses about what kind of perks or staff incentives they can offer their team to attract and retain the best people. Many small and medium sized businesses feel they can’t compete with the…
The Real Cost of Christmas
Thinking of giving a gift for Christmas? It’s almost that time of year again when we hang the lights and decorate the tree, and you might be considering giving a Christmas gift to your team or customers, or…
Is the Christmas party tax allowable?
Whether we like it or not, Christmas is rapidly approaching and many of us will have already booked our annual party to celebrate. But what are the costs to your business and what is tax allowable for your…