A new tax exemption for perks took effect on 6 April 2016. It applies to all employees, but there are special rules for directors. What are they, and how can you work with them to take maximum
advantage?
Published 18.04.2016
A new tax exemption has been drafted to replace the current concession for certain staff perks, but a late change to the proposed rules has thrown a spanner in the works. When will you be able to
take advantage of the new tax break?
Published 16.04.2015
A friend has told you that he and his wife are taking a tax-free luxury weekend away on the company. Apparently, because the business has been running a long time HMRC allows this. Is this something
you can take advantage of?
Published 03.02.2020
You’ve heard that workers who socialise together may be more productive. You want to give the theory a try by putting some money behind the bar for an occasional social evening. Would this trigger a
tax bill?
Published 16.10.2019
As a director, one of your duties is to keep company costs down, including the wages bill. Cutting salaries isn’t an option, but a tax-efficient voucher scheme might help. How do they work?
Published 09.06.2014
It’s been a tough year for your employees and more so for the directors. But things have eased a bit and you want to say thanks with a little something for Christmas. But will this come with a tax
bill?
Published 26.11.2009
You and some of your staff have received early Christmas presents from clients; one or two of them look quite expensive. A colleague says that you might need to declare the gifts as income on your
tax return, are they correct?
Published 27.11.2013
You buy season tickets and discount cards for your staff to lower the cost of business travel. They’re also used by staff for private journeys, which saves them hundreds of pounds a year. Should you
report this as a taxable benefit?
Published 19.02.2019
The Taxman allows companies to pay for a director’s or employee’s mobile phone without it counting as a taxable perk. However, there are conditions which HMRC strictly enforces. How can you avoid
falling foul of these?
Published 30.04.2019
HMRC’s latest consultation spells the end of some types of salary sacrifice scheme. If you use one or more, how will it affect you?
Published 02.09.2016