You may have an annual Christmas party for your team, but the tax rules also allow team parties at other times of the year which are a tax-free benefit if certain conditions are satisfied.
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The substantial increase in the higher rate threshold to £50,000 is good news for many taxpayers. However, that same figure is the point at which child benefit starts being clawed back.
Make sure you are extracting the profits out of your company in the most tax efficient manner
This time of year is a good time to start planning your tax affairs before the end of the tax year on 5th April.
Could our top tax tips help you pay less tax for 2018/19?
Earlier this year the government announced that no new childcare voucher schemes could be set up after 5 October 2018. The replacement scheme is the government’s “tax free” childcare account.