A few tax tips on Christmas parties and gifts to employees Around this time of year, we are often asked what the tax implications are for office Christmas parties. There are two elements to this; firstly, is the cost an allowable expense for business tax purposes, and...
Now that Christmas is almost upon us again, we thought it might be helpful to give a little reminder of the tax exemptions available on gifts and parties. Tax must always be paid on cash gifts and vouchers provided to your employees as Christmas presents, but certain...
The LLP (Limited Liability Partnership) has been around for a good number of years now, and is a very popular business vehicle for professional practices such as solicitors and architects, as well as for certain investment and property businesses. There are, however,...
