Unlock Hidden Savings: Your Guide to Payroll Benefits in Kind

Unlock Hidden Savings: Your Guide to Payroll Benefits in Kind

by | Feb 26, 2024 | Payroll Benefits in Kind, accountancy, Accountants, Business Owner, Chester, director, employee, Employer, Employment, hmrc, Limited Company, PAYE, Payroll, Sole trader, Tax planning, Tax return

Accountants Chester – Tax Tip No. 61 Looking to simplify your employee benefits administration in Chester? Payroll benefits offer a convenient way to handle taxable benefits in kind (BIK) for your employees. What are payroll benefits? Instead of reporting BIKs...
Mobile phones – a worthwhile benefit

Mobile phones – a worthwhile benefit

by | Jul 2, 2023 | accountancy, Business Owner, Company Expenses, director, Employer, Employment, expense claims, expenses, hmrc, Income Tax, making tax digital, Mobile phone benefit, tax, tax rebate

Accountants Chester – Tax Tip No. 28 The tax system contains a number of exemptions, some of which are more useful than others. One of the more valuable exemptions is that for mobile telephones. As long as the associated conditions are met, an employee can use...