Deferring your state pension

Deferring your state pension

If your contributions record is sufficient, you will be entitled to the state pension on reaching state pension age. The age at which you reach state pension age depends on when you were born. To qualify for a full single-tier state pension (set at £168.60 per week...
Incidental overnight expenses

Incidental overnight expenses

A tax exemption enables an employer to meet small personal expenses when an employee stays away from home for work, without the employee suffering a tax charge and without any need to report the expenses to HMRC. What are incidental overnight expenses? Incidental...
Do you need a Virtual Finance Director?

Do you need a Virtual Finance Director?

Many small business owners feel that having access to an experienced, knowledgeable finance professional is a luxury that they simply can’t afford on a permanent basis.  However, we are pleased to say that this doesn’t have to be the case. Let us ask you a few...
Using company vans for tax-free home to work travel

Using company vans for tax-free home to work travel

As a general rule, travel between home and work is regarded as private travel and if the employer meets the cost of that travel, a benefit-in-kind tax charge will be triggered. However, it is possible for employees with a company van to use that van to travel between...
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