From Christmas hampers to client thank yous, HMRC sets strict rules, including the £50 limit. Learn when you can reclaim VAT, the cashflow benefits, and how to claim back past VAT on gifts.
Payrolling Benefits are soon to be a mandatory requirement for employers, confirmed in the Autumn Budget announcement. We are getting ahead of the game and implementing this for all our payroll clients, should they wish.
On Wednesday 30th October 2024, we heard from the Chancellor of the Exchequer, Rachael Reeves, as she presented her Autumn Budget.
Here’s a breakdown of what we know so far…