a1-accountaxAug 25, 20222 min readJointly Let Property - Option For Rent Allocation Rental income split options for jointly owned properties.
a1-accountaxAug 22, 20221 min readStaff Holidays - HMRC Reporting Requirement As an employer providing holidays for your employees, you have certain tax, National Insurance and reporting obligations. What you have...
a1-accountaxAug 22, 20222 min read7 Ways To Reward Your Staff Tax Free1. Free Medical Check-ups Usually staff medical insurance is taxable and must be reported to HMRC through P11d. However, there is a...
a1-accountaxAug 22, 20222 min readTrivial benefitsTax free trivial benefits The conditions The following conditions must be met for tax-free trivial benefits. Each time when you provide a...
a1-accountaxAug 22, 20222 min readMarriage AllowanceYou can reduce your tax bill up to £252 in the tax year. Marriage Allowance lets you transfer £1,260 of your Personal Allowance to your...
a1-accountaxAug 20, 20221 min readTax Avoidance vs Tax EvasionHMRC has secured billions of pounds in additional tax revenue over recent years by cracking down on tax avoidance, evasion and...
a1-accountaxAug 20, 20221 min readWho cannot claim Employment AllowanceYou cannot claim if you’re a public body or business doing more than half your work in the public sector (such as local councils and NHS...