Benefits in kind are a form of taxes for employees in receipts of benefits or perks to top up their salary. If you have a company car that is parked at your house 365 days per year, it is being made available for personal use and there will be a (BIK) benefit in kind contribution, or company car tax.
Use our digital systems to keep track of your receipts. This article is to help new business owners to understand the types of expenditure they can recover through their limited company. Please consider that where we refer to legislation this is subject to change.
The Chancellor of the Exchequer has delivered his Autumn Statement 2023 to Parliament
72 days to Christmas, are you ready for a Christmas joke and a cracker or two? Are you wondering what to gift your employees this year to thank them for their time?