Pre-pandemic, giving discounts to employees was invariably only offered by the larger companies. However, because employee benefit schemes save the employer money, many SMEs are
Discounts For Employees – A Taxable Benefit in Kind? Read More »
Many businesses view entertaining clients and customers to be an important part of their marketing budgets, whether as a networking opportunity, a thank you for
Business Entertaining – The Tax Position Read More »
Where a property is purchased in England or Northern Ireland and the consideration exceeds the relevant threshold, stamp duty land tax will be payable. However,
SDLT, LBTT and LTT Hit of Buying an Investment Property Read More »
Furnished holiday lettings are generally liable to business rates rather than council tax. This can be very beneficial, particularly where the landlord only has one
Furnished Holiday Lettings and Business Rates Read More »
Under English law, there are two ways in which property can be owned jointly – as joint tenants or as tenants in common. The way
Jointly-Owned Property – Joint Tenants Vs Tenants in Common Read More »
The pandemic changed the way in which many people worked, forcing them to work from home if they could. Post-pandemic, many employees have continued to
Hybrid Workers and Relief for Travel Expenses Read More »
If you incur expenses in doing your job, you may be able to claim tax relief. While the rules governing the availability of relief are
Claiming Relief for Employment Expenses Read More »
Trivial benefits have their own tax exemption, which if used wisely can be used to treat employees. The exemption can also be used by personal
Trivial Benefits – Make Use of the Exemption Read More »
A popular profit extraction strategy is to pay a small salary and to extract further profits as dividends. Why Pay a Salary? There are
Family and Personal Companies – Optimal Salary for 2023/24 Read More »
If you have a personal or family company, taking dividends is a popular and tax-efficient way to extract profits. However, while they remain tax efficient,
Taxation of Dividends in 2023/24 Read More »
