A £50 gift to yourself and your staff! If you are a Limited company, then you can give yourself a gift at Christmas as the company is giving the gift and not you! You can also give gifts to your employees. The limit is £50 and counts as a trivial

27th September 2022 Welcome to our latest monthly tax newsletter. We hope you enjoy reading and find it useful. Contact us if you wish to discuss any issues further. Content accurate as at 23 September 2022 TEAM TRUSS CUT TAXES TO STIMULATE THE ECONOMY On 23 September 2022, Kwasi Kwarteng,

Latest News - MTD for ITSA delayed until April 2024 In a Statement issued on 23 September 2021, it was confirmed that MTD for ITSA would be delayed by a further year, and states that: * MTD for ITSA will be introduced from April 2024 for sole traders and landlords * General

Introduction As a limited company director, you can access the money in your company bank account through a facility known as a director's loan. This can come in handy in instances when your personal finances are in need of a boost, yet taking out a director's loan is a decision