by Terry Phillips | Apr 13, 2024 | National Insurance, accountancy, Accountants, Employer, Employment, hmrc, Income, Influencers, partner, PAYE, Payroll, Self employed, Self-Assessment, Sole trader, tax, Tax planning
by Terry Phillips | 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...
by Terry Phillips | Nov 19, 2023 | accountancy, director, employee, Employer, Employment, hmrc, Income Tax, National Living Wage, National Minimum Wage, tax
Accountants Chester – Tax Tip No. 49 Workers are entitled to be paid the National Living Wage (NLW) or Minimum Wage (NMW) for their age. Employers who fail to do this run the risk of financial penalties and of being ‘named and shamed’. To help employers avoid...
by Terry Phillips | Aug 28, 2023 | mileage rates, accountancy, Accountants, Business Owner, Company Expenses, director, employee, Employer, Employment, expense claims, expenses, Fuel Duty, hmrc, Limited Company, tax
by Terry Phillips | Jul 7, 2023 | Company Expenses, employee, Employer, Employment, expense claims, expenses, hmrc, Income Tax, tax, tax rebate
Accountants Chester – Tax Tip No. 28 Employees often need to incur expenses when undertaking their jobs. The nature of the expense may vary depending on the job, but typical expenses include travel and subsistence expenses and fees and subscriptions. It will...
by Mark Phillips | 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...