Although you have thus far avoided the employers’ NI hike thanks to the employment allowance, you could be hit with a cash-flow crisis if it’s exhausted before 5 April. What can you do about it?
S R Lynn & Co·Blog
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With Christmas in mind a fellow director has suggested your company uses the trivial benefits in kind exemption to provide £300 of tax and NI-free gifts to each director. You’ve heard about the exemption but can it be used in this way?
You’re seeing a lot of speculation in the press about further changes to inheritance tax (IHT) in the upcoming Budget, including a cap on the amount you can give to your loved ones. Would you be better off making gifts before the Budget date?
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