Trivial benefits in kind exemption may not be so trivial
9th December 2016 | Posted in Articles, Employment Tax by Andrew Marr
The issue ‘It’s Christmaaaaas!’ as Noddy Holder would say. With Christmas comes an opportunity for generous employers to bestow gifts on…
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Corporation tax deductions for pensions are not restricted to limits
28th October 2016 | Posted in Articles, Business Tax, Corporation Tax, Employment Tax by Andrew Marr
The issue A limited company is able to make larger pension contributions than the director’s contribution allowance of £40K per year….
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HMRC to sacrifice salary sacrifice!
19th August 2016 | Posted in Articles, Employment Tax, Private Client by Andrew Marr
Last week, HMRC published a consultation document which sets out its proposals to tax benefits-in-kind provided through salary sacrifice schemes. Salary…
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New tax rules affecting users of EBT schemes
31st May 2016 | Posted in Articles, Business Tax, Employee Incentive Arrangements, Employment Tax by Tom Minnikin
Tucked away in the March Budget were two significant changes affecting users of Employee Benefits Trusts (EBT) schemes. New tax charge…
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Tax rules on entertaining when there is a staff and client element
29th April 2016 | Posted in Articles, Employment Tax, Featured Articles by Forbes Dawson
Existing rules HMRC have a strict view regarding client entertaining with no tax deductions generally being allowed. This applies regardless of…
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Good sense prevails on Entrepreneurs’ Relief (ER) joint venture rules
29th March 2016 | Posted in Articles, Business Tax, Employment Tax, Featured Articles by Andrew Marr
The Issue Finance Act 2015 introduced anti-avoidance measures which were aimed at countering perceived abuse of the ‘joint venture rules’. Before…
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Deferred shares and Entrepreneurs’ Relief
22nd March 2016 | Posted in Articles, Business Tax, Employment Tax, Featured Articles by Tom Minnikin
There’s an old saying about London buses. You wait a while and then … Following on from our recent Tax Bite,…
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Less haste, more Entrepreneurs’ Relief
14th March 2016 | Posted in Articles, Business Tax, Employment Tax, Featured Articles by Tom Minnikin
A recent Tribunal case (John Kenneth Moore v HMRC [2016] TC04903) illustrates how forgetting small details can lead to very costly…
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EMI options – not just for anticipated exits
19th February 2016 | Posted in Articles, Business Tax, Corporation Tax, Employee Incentive Arrangements, Employment Tax, Featured Articles by Michelle Hogan
It is widely recognised that improvements to the EMI scheme legislation in recent years means that they are an attractive and…
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Flat rate allowances for subsistence waste VAT!
1st February 2016 | Posted in Articles, Employment Tax, Featured Articles, VAT by Forbes Dawson
The Issue It is fairly common practice for companies to provide flat rate subsistence allowances for staff who are away from…
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