Check out the Trivial Benefits rules

Check out the Trivial Benefits rules

Trivial benefits are small gifts or perks given to employees that are exempt from tax and benefit reporting obligations. But bosses must adhere to certain conditions, such as a cost limit of £50 per employee – or the average cost per employee if provided to a group of...
The Inevitable: Death and Taxes

The Inevitable: Death and Taxes

Benjamin Franklin famously asserted that death and taxes are certainties of life. For business owners, understanding their tax obligations is paramount. Our guiding principle is simple: knowledge of your tax liabilities empowers you to plan and budget effectively,...
Companies House is flexing its muscles

Companies House is flexing its muscles

As we have reported previously, one of the key aims of the Economic Crime and Corporate Transparency Act is to improve the accuracy and quality of the data on Companies House registers. Under the new legislation, Companies House has enhanced powers to query...