The tax treatment of work Christmas parties Limited companies can often claim the cost of staff Christmas parties as an allowable expense. That means you can celebrate with your employees and minimise your corporation tax bill all at once. Also, some functions may be...
Autumn Budget roundup A Budget full of tricks rather than treats – Here’s our Autumn Budget roundup Rachel Reeves announced a range of fiscal adjustments in the Autumn Budget. Focusing on employer contributions and personal tax thresholds to sustain...
Prepare for new VAT late submission, late payment penalties and interest charges. Find out about new VAT penalties and interest charges that will apply to everyone who submits a VAT Return from 1 January 2023. For VAT periods starting on or after 1 January 2023, the...