Gift cards and the trivial benefits exemption
The trivial benefits exemption allows employers to ignore benefits in kind that cost £50 or less for tax purposes, as…
Practical guidance from Makesworth’s chartered accountants to help you make informed financial decisions.
The trivial benefits exemption allows employers to ignore benefits in kind that cost £50 or less for tax purposes, as…
We would like to remind employers about the electronic PAYE payment dates. The due date for electronic PAYE payments falls…
If you are in business as a self-employed sole trader or as part of a partnership, then you will be…
As we are now almost three-quarters of the way through yet another tax year it can be useful to consider…
There are a significant number of reliefs that can reduce the amount of Corporation Tax your company needs to pay…
The VAT Flat Rate scheme (FRS) has been designed to simplify the way a business accounts for VAT and accordingly,…
There are a number of reliefs available that can reduce liability to IHT. The most relevant for farmers is the…
National Insurance credits can help qualifying applicants to fill gaps in their National Insurance record. This can assist taxpayers to…
Many Airbnb lets are used as holiday accommodation. From a tax perspective, furnished holiday lettings enjoy some tax advantages over…
Topic: Dual purpose expenditure – can landlords claim a deduction? Landlords are able to claim tax relief for expenses that…
The government introduced a ‘bicycle to work’ back in 1999. Broadly, this is an annual tax exemption that allows a…
Although there is no specific allowance for a Christmas party or any other employer-provided social function, HMRC does allow limited…
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