Let’s get in to the Christmas spirit by thinking about gifts for staff, (but also the tax status of them) Christmas gifts be tax free if structured correctly. Ever since April 2016 employers are allowed to provide their directors and employees with certain “trivial” benefits in kind tax … [Read more...]
Your summer party can be a tax free benefit
Most organisations have, or plan to have, an annual Christmas party for staff. Did you know that the tax rules also allow staff parties at other times of the year which are a tax-free benefit if certain conditions are satisfied? Show your appreciation It is good to show your appreciation … [Read more...]
5 ideas to improve cashflow
A successful business is successful because it always has cash coming in, not because it sells a lot, or has a good margin. A (lack of) cashflow causes businesses to fail, or succeed. You're not working hard for profit, you want CASH. How is your cashflow and do you regularly focus on improving … [Read more...]
Government help for childcare in the holidays
Can you believe it the six weeks holidays are upon us once again and I am sure you will be doing one of the following:- • Tearing your hair out • Rejoicing the long break • Worrying about having less staff around to do the essential work Finance is available for your staff childcare … [Read more...]