Tag: Annual accounting scheme

What are the tax rules around staff Christmas parties?

It’s that time of year again. As we all start to wind down towards Christmas, many businesses are in the midst of planning their  Christmas parties and festive gatherings! If you’re planning a Christmas party, it’s important you understand the tax rules and exemptions around staff parties. Of course, it’s worth noting that these rules…

Our guide to VAT

Our guide to VAT Here’s our VAT guide to everything you need to know about VAT for  your business. What is VAT? VAT stands for Value Added Tax. This tax is applied to the sale of goods or services by companies who are registered in the UK. When a sale is made, the company adds…