Q: Can I claim the work from home allowance? This is a question we’ve been asked a lot recently and so we asked our Senior Tax Manager, Lucy Orrow to answer in more detail For the 2021/22 tax year, HMRC allowed reimbursements of £6 per week/£26 per month as a work...
It is time to prepare the Forms P11D and P11D(b) for the 2021-22 tax year. The Forms are the employer’s responsibility. They are required for directors or employees who are provided with benefits or for whom you pay or reimburse non-deductible expenses. The Forms P11D...
5 April marks the end of one tax year and the 6 April indicates the beginning of a new one. It therefore feels like a good time to remind employers of changes that are coming into effect this April and deadlines that will be due. Firstly, a reminder of PAYE deadlines...
Tick, tock, tick, tock, the countdown to the end of the Furlough Scheme has started… Today, Tuesday 28 September, represents the last 3 days that eligible employees can be either fully furloughed or flexi-furloughed. Claims covering the period up to 30...
Many companies will seek to motivate staff through the provision of employee share incentive plans either using tax approved schemes such as SAYE, CSOP, EMI and SIP or by using unapproved schemes. The approved schemes offer tax advantages but have conditions to be met...
A number of benefits can be provided by employers to their staff without creating a taxable benefit in kind on the employee. These include: Trivial benefits in kind –the benefit cannot be cash, the cost does not exceed £50 and it is not provided in recognition of...
