How to reward your staff not the taxman

by | Nov 8, 2023 | benefits-in-kind, Gifts

Whether we like it or not, the countdown to Christmas has officially started. And that means you may be thinking about treating your staff with a Christmas gift or an office party. But before you get carried away, it is important to look at the tax implications to...

Tax free gifts

by | Mar 21, 2022 | Capital Gains Tax, Gifts

There are three circumstances when you may not have to pay capital gains tax (CGT) on a gift. They are: It the taxable value of the gift is below the CGT annual tax-free allowance of £12,300. Gifts to your spouse or civil partner, or Gifts to charities. Gifts to your...