The 12 Tax Tips of Christmas – Tax Tip 2

The 12 Tax Tips of Christmas – Tax Tip 2

…. give gifts to employees. Christmas is a time for giving. You can give an employee a gift at Christmas or on a special occasion, such as a marriage or a birthday, and there will be no taxable employment benefit providing the gift does not exceed £50 in value. If you...
The 12 Tax Tips of Christmas – Tax Tip 1

The 12 Tax Tips of Christmas – Tax Tip 1

Tax Tip 1   On the first day of Christmas my accountant said to me…. put on your dancing shoes. You can claim a tax deduction of up to £150 per head for your staff Christmas party. But remember to get into the kind Christmas spirit all employees must be invited...
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