Follow the outline below to ensure that the cost of your annual staff party will not create tax issues for you or your staff. The event must be open to all employees at a specific location. An annual Christmas party, or other annual event offered to staff, generally is not taxable on those attending, provided…
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The loan charge controversy continues
The following press release was published by HMRC last month. Extracts are reproduced below: Sir Amyas Morse, the former Comptroller and Auditor General and Chief Executive of the National Audit Office (NAO), will lead an independent review of the Loan Charge… The review will consider whether the policy is an appropriate way of dealing with…
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Tax Diary October/November 2019
1 October 2019 - Due date for Corporation Tax due for the year ended 31 December 2018. 19 October 2019 - PAYE and NIC deductions due for month ended 5 October 2019. (If you pay your tax electronically the due date is 22 October 2019.) 19 October 2019 - Filing deadline for the CIS300 monthly…
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