Your firm’s Christmas bash is a few days away. It’s cost you £125 per head so far, but you expect this figure to rise. You’re worried the per-head cost will exceed £150 and so the tax and NI
exemption for such events will be lost. How can you prevent this?
Published 11.12.2019
Generally, gifts you make to your employees are taxable as benefits in kind unless they are covered by a specific exemption. However, are they taxable if the gift is being made for private reasons?
Published 18.02.2022
You’re thinking of holding your first ever summer event for your employees. You’re not sure what form it will take but one factor in your decision is the cost and therefore the tax and NI position.
What do HMRC’s rules say about this?
Published 07.07.2022
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
One of your longest serving employees is getting married and you intend to buy a gift. You’re keeping it simple with a voucher they can spend online. Is it more tax efficient for you to buy it
personally or for your business to pay?
Published 16.09.2019
HMRC has updated its guidance about the tax and NI treatment of benefits and expenses provided to employees during the pandemic. As an employer, what do you need to know?
Published 26.01.2021
HMRC rules normally ensure that non-cash rewards (benefits in kind) which you provide to your employees are taxed. However, free or subsidised meals provided as a perk can be exempt from tax and NI.
How and when can you take advantage?
Published 16.03.2020
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
You’re moving to a place that offers a more suitable home office space. As it’s partly for business reasons, can you claim a tax deduction for a proportion of the removal costs?
Published 09.02.2021
A while ago one of your employees ripped her coat on a desk at work. You agreed to pay for a replacement. In a subsequent PAYE check an HMRC officer said the payment was taxable and you owe tax and
NI. Can this be right?
Published 11.10.2018