Here we are again, can you believe it’s time to think about buying gifts for you most valued clients and employees! But how the tax and VAT is treated depends on the value of the gift and who it’s for. Gifts can be tax efficient,...
HMRC has started enquiries into some of the travel and subsistence costs you’d normally reimburse to your employees. It says they’re excessive and are therefore a taxable perk. Can this be right? Business expenses Since 6 April 2016 an employer can treat business expenses it reimburses to...