Tax Free Christmas Presents

BusinessBy DawesAccountantsNovember 13, 2020

Tax Free Christmas Presents! How you can buy your family gifts using your Limited Company Trivial Benefits Annual Allowance. HMRC allows your company to buy tax free Christmas presents or any gifts for employees (including directors) or direct family members (living in same household) up to value of £50 each as long as following applies;…

Paid Holiday on Furlough leave?

BusinessBy DawesAccountantsMay 29, 2020

Can an employee take Holiday whilst on Furlough?, this is a common question we have seen being asked, so we thought it would be good to do a quick update on the subject. The short answer is, yes, holiday can be taken and be forced to be taken whilst on Furlough. Click here for full…