by stevegayler | Oct 10, 2022 | Accounting
With the Christmas season just around the corner, it’s nice to acknowledge your suppliers/business partners and say thank you for another year of great service. But what corporate gifts can you send that avoid the usual cliches of Yule logs and festive hampers?...
by stevegayler | Oct 5, 2022 | News
Kwasi Kwarteng and Liz Truss have been in their respective roles for less than a month and already it feels like Covid times from a tax perspective after viewing the Mini Budget 2022 update. When Covid hit, we were doing our best to provide as regular updates as...
by stevegayler | Oct 4, 2022 | Accounting
If the rules around social functions are followed, staff events like your end-of-year party, or your summer barbecue are tax-deductible for you, as the employer, and tax-free for your staff. This means you can claim back some of the expenses you incur when putting on...
by stevegayler | Sep 7, 2022 | Accounting
Giving occasional gifts to your staff is a great way to keep them engaged and motivated. But how much can you give before these gifts become taxable? Certain lower-value gifts can be given to employees (including directors) tax free. These have to be classed as...
by stevegayler | Jul 4, 2022 | Accounting, Tax
Which business expenses are tax allowable and which aren’t? The question we get asked more than most. Here we explain the key differences between allowable and disallowable costs, so you can maximise your tax planning. How you minimise the tax owed by your...
