To keep the impact of the recent London Underground strikes on your business to a minimum it offered to reimburse employees for the costs of travelling to work via other means. Does this create a taxable benefit in kind?
S R Lynn & Co·Blog
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If your employees enjoy multiple changes of company car during the year, could averaging the car benefit calculation save tax? If so, what’s involved and how can they avoid an unexpected tax bill?
It’s rumoured that the Chancellor will raise the VAT registration threshold from £90,000 to £120,000 to stimulate economic growth. But other reports suggest it could be cut to £30,000 to raise revenue. What would these changes mean for your business?
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