As a business owner you can loan your employees up to £10,000 – but what are the tax implications? Find out more below.

Hardship loans to employees To help employees out during the Covid-19 pandemic, employers may provide ‘hardship’ loans to employees. Where loans are provided, what are the tax implications? No special…

Continue Reading As a business owner you can loan your employees up to £10,000 – but what are the tax implications? Find out more below.

The extent to which a company car remains available for an employee’s private use explained.

Company car ‘availability’ during the Covid-19 pandemic For many, their working patterns changed as a result of the Covid-19 pandemic. Some employees were required to work from home, some were…

Continue Reading The extent to which a company car remains available for an employee’s private use explained.

Small employers can now reclaim statutory sick pay paid to employees who were absent from work due to the Coronavirus. The online claim service went live on 26 May 2020 – our latest blog covers everything you need to know about making a claim.

Reclaim SSP for Covid-19 absences Small employers can now reclaim statutory sick pay (SSP) paid to employees who were absent from work due to the Coronavirus. The online claim service…

Continue Reading Small employers can now reclaim statutory sick pay paid to employees who were absent from work due to the Coronavirus. The online claim service went live on 26 May 2020 – our latest blog covers everything you need to know about making a claim.

“Just because a gift is provided each year, or is provided to all staff members, does not mean that the employee has a contractual entitlement to it.”

Trivial benefit traps – Contractual obligations The trivial benefits exemption allows employers to provide employees with low cost benefits free of tax and National Insurance and any reporting obligations. For…

Continue Reading “Just because a gift is provided each year, or is provided to all staff members, does not mean that the employee has a contractual entitlement to it.”

As business owners we all want to make sure our company is a great place to work. Have you considered giving your employees or even their family members educational scholarships?

Partnership rather than a limited company. We explain why in today’s blog. Employer-funded scholarships Special tax rules apply to scholarships, which include exhibitions, bursaries or other similar education endowments. Provided…

Continue Reading As business owners we all want to make sure our company is a great place to work. Have you considered giving your employees or even their family members educational scholarships?