Proactive Accountancy Services specialising in Mums with their own Businesses
Christmas is fast approaching as I write this blog. As business owners, we may want to give our staff, customers and suppliers a Christmas gift or party, but what are the tax impacts of this? Firstly, we need to consider the nature of the gift. Generally speaking, gifts to customers or suppliers are not allowed [...]
If you are an employee or director of a limited company, you may incur regular travel expenses getting to the place that you are performing your duties or working. In many instances, these travel expenses will be wholly, necessarily and exclusively for the purposes of travel, and therefore will be entirely tax deductible and with [...]
Some directors of limited companies I have recently taken on have not been aware of their P11D responsibilities so I thought I’d better blog about it! P11Ds are a way of HMRC seeing what non-cash income you have received from the company, whether or not you derive a personal benefit and must be submitted by [...]
