S R Lynn & Co·Blog

Multiple tax-free perks for directors

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?

Articles

Don’t miss out on IHT exemptions

19th March 2025 by Joanne Stoneman

The Chancellor’s inheritance raid on small business owners and anyone who has pension savings means it’s more important than ever to take advantage of the lifetime gifts exemptions. What are they and when can you use them?

Annual increases to statutory compensation limits

18th March 2025 by Joanne Stoneman

The Employment Rights (Increase of Limits) Order 2025 will revise the compensation limits for certain tribunal awards and other statutory payments from 6 April 2025. What are the increases?

Are you ready for the PAYE end of year?

14th March 2025 by Joanne Stoneman

The 2024/25 tax year ends in just a few weeks. As an employer this means extra payroll duties. Apart from submitting the usual reports, what else ought you be considering?

Showing Articles 67 - 69 of 258 Articles