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...]
Tax planning to minimise the high income child benefit charge
The substantial increase in the higher rate threshold to £50,000 is good news for many taxpayers. However child benefit starts being clawed back at that same figure, and there has been no increase in that threshold since the High Income Child Benefit Charge was introduced in 2013/14. High … [Read more...]
