How to save on inheritance tax

How to save on inheritance tax

Inheritance tax – frequent gifts can be free of tax. Within a family scenario, there are many situations in which one family member may make a gift to other family members. However, the way in which gifts are funded and made can make a significant difference to...
Are you eligible for tax-free commuting?

Are you eligible for tax-free commuting?

Travel expenses – do you visit other offices or are you seconded to a different workplace? Are you eligible for tax-free commuting? As a general rule, employees are denied a tax deduction for the cost of travel between home and work. Likewise, subject to a few...
Tax relief for charitable donations

Tax relief for charitable donations

Individuals who make  charitable donations can do so tax-free. There are various ways of making tax-relieved gifts to charity – the way in which the relief works depends on whether the donation is made via Gift Aid, as a deduction from wages or a pension via the...
Reporting expenses and benefits for 2018/19

Reporting expenses and benefits for 2018/19

Where employees were provided with taxable benefits and expenses in 2018/19, these must be notified to HMRC. The reporting requirements depend on whether the benefits were pay-rolled or not. Benefits not pay-rolled Taxable benefits that were not pay-rolled in 2018/19...