Search Results for: employee benefits
You may have heard the term “salary sacrifice” on occasions and wondered what it is. Have you ever wondered if you should participate in the scheme either as an employee or an employer? Basically, is salary sacrifice a good idea? What is Salary Sacrifice? Salary sacrifice schemes are not a new thing and have […]
Businesses have a lot on their plate now! You have had a lot on your plate for the last two years. But our world is changing rapidly or so it feels. So how is your business going in 2022? This year has brought different challenges. There is the threat of the “great resignation” where workers […]
Entertainment Expenses – what is tax deductible? It is common at this time of the year to see a lot more gifting and partying. It is after all the festive season. The costs of parties and gifts can be a tax allowable expense and any VAT can be claimed back if it relates to employees. […]
The coronavirus pandemic forced all of us to adapt to a new way of living, but many of us also had to adapt to a new way of working. Though the percentage of remote workers has been steadily growing for over a decade, the past 18 months saw a massive increase, with over 19.5 million […]
The PSA mechanism allows you to make one annual payment to HMRC which will cover the tax and all national insurance due on the expense or benefit.
The answer normally is what on earth is a form P11d? This is a form which is used to report to HM Revenue & Customs (HMRC)
You many find familiarity in this or know of someone at home or at work who is having a difficult time at the moment.
Here we remind you that you can say thank-you to your team without adding the burden of tax either to yourselves or your staff.
This July is like no other and many businesses will have changes and challenges to deal with over the coming months.
We do not think it will be all bad because every major shock in the past has brought opportunities