Christmas is the time for parties and if you hold a staff party to reward your staff for all their hard work, you can reclaim VAT on all the costs. If, however, your employees bring along guests who don’t work for the company, then you must apportion the VAT reclaimed to reflect this. If you … Continue reading Christmas With The VAT Man
Many employers like to thank their employees at Christmas in the form of gifts or bonuses. However, it is important to keep in mind the tax and NI implications. If you struggle to find a gift that you can provide to the whole workforce without offending those of various cultural or religious backgrounds, a solution … Continue reading Christmas Can Be Trivial!
Green & Co's Ed Gooderham answers this weeks Big Question for the South Wales Argus. It's mid November, the time when many businesses start looking to book their Christmas do. Business Argus has been asking the local business community if they are ahead of the game and if so, what they have planned for the … Continue reading The Big Question: Have You Planned Your Festive Fun Yet?
Christmas is a time for giving...and most people are very happy if you give them money! However, it is worth remembering your allowances and exemptions for Inheritance Tax. If your estate is worth more than the Inheritance Tax threshold - £325,000 for the 2013-14 tax year - there are some important Inheritance Tax exemptions that … Continue reading Giving at Christmas – Inheritance Tax Allowances & Exemptions
...I didn’t think so! As Christmas draws closer, most people in work are looking forward to their much deserved time off, and, of course, the Christmas Party! To keep up the festive cheer, the tax man is offering tax exemptions to businesses of all sizes for employee entertainment. To obtain the exemption, the event must … Continue reading Thinking of giving the Tax Man a gift this Christmas?