Some employers may wish to give a small gift to their employees. As long as the employer meets the relevant conditions, no tax charge will arise on the employee.
A tax exemption is available…
News
Find out all you need to know about news and events that could affect your business. Sign up for our newsletter to stay up to date with what’s going on.
Some employers may wish to give a small gift to their employees. As long as the employer meets the relevant conditions, no tax charge will arise on the employee.
A tax exemption is available…
HMRC has announced that Self Assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April.
The payment deadline for Self Assessment…
The government is to extend business rates relief with a £1.5 billion fund targeted at those businesses unable to benefit from the current COVID-19 support.
Retail, hospitality and leisure…
Losses from pension fraud rose to £1.8 million in the first three months of this year, according to figures from Action Fraud.
107 reports of pension fraud were made in the first quarter…
Three schemes were launched on 1 July to deal with VAT on business-to-consumer supplies of goods and services to EU customers.
They are known as the 'Union', 'non-Union' and 'import' schemes.…
HMRC has updated the guidance on salary sacrifice.
HMRC has removed the guidance on 'Salary sacrifice arrangements set up before 6 April 2017' as the transitional arrangements for calculating…
HMRC has published a policy paper outlining the forthcoming changes to the penalties for late payment and interest harmonisation for taxpayers.
The government intends to reform sanctions for…
The standard three-day waiting time for Statutory Sick Pay (SSP) will be reinstated for coronavirus (COVID-19)-related claims from 25 March 2022, unless the government intervenes.
Under standard…
On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.
Mr Sunak said…
Stay on top of what's happening, get information, and learn about our people.
Sign up