A benefit provided to a Director or employee that is considered ‘trivial’ and is therefore tax-exempt if all of the following conditions are met: Cost: The cost to you, the employer, must be £50 or less per benefit. Form of Benefit: It cannot be cash or a cash voucher –…
Are you eligible for a £252 saving on your tax bill? With the tax year ending on 5th April, March is a good month to check whether sharing unused tax allowances with your partner could save you some money. HMRC says that March is the most popular month for Marriage…