by ClearwaysAccountants | Aug 2, 2013 | A-Z of tax and accounting terms, Contractor, Freelancer, Pay, Expenses & Benefits, Self Employment, Small business advice
Benefits-in-kind, Bookkeeping and Budgeting Benefits-in-kind If you are an employee you can receive benefits that are paid for by your employer. Your employer can be a large company, like BT, your own limited company or a sole trader. Most benefits paid for by your...
by ClearwaysAccountants | Dec 15, 2011 | Business tax, Pay, Expenses & Benefits, Tax Tips
Did you realise you can pay up to £55 per week in childcare vouchers to employees and not pay any national insurance or income tax but you can claim a business tax deduction? If you are maximising efficiency when you extract funds from your own company and therefore...