If you are thinking of giving your employees a Christmas gift, a bonus or taking them out to lunch be aware of what you can do without it becoming a taxable benefit for your employee or a more costly gesture for yourself
We have been using Xero since 2011 and in 2023 became a Gold Partner with 99% of our bookkeeping work being done on Xero. Some of our clients do some work on Xero but for the majority leave it to us to keep their accounts up to date and provide them …
One of the things we support our clients with is contacting HMRC when there is an error which needs correcting. HMRC helplines, whether for VAT or PAYE, are not at all helpful when you are a busy person.
Its twenty years since I began providing bookkeeping and payroll services to a few local businesses.
All costs associated with running your business can be claimed but whilst you might think some costs are business expenses HMRC may think otherwise! Here are a few of the expenses which you can and cannot claim.