How to have your Christmas cake and eat it!

You may be aware that there is a situation where entertaining staff is both tax deductible for a business and a tax free benefit for its employees and this refers to the HMRC allowance for an annual event (not necessarily a Christmas party, we all enjoy a Summer Ball too!) that costs no more than […]

Autumn budget highlights 2018

The Chancellor delivered the Autumn Budget speech on 29th October and pledged that austerity is coming to an end. The following key changes were announced: Personal allowance.An increase of the personal allowance to £12,500 for 2019/20 and 2020/21. Higher rate threshold.Individuals will not pay the higher rate of income tax until they have income in […]