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Clarkson Accountancy

Clarkson Accountancy

Accounts, Tax Returns, VAT Returns, Payroll and Bookkeeping Services

Tag Archives: Christmas

Christmas PAYE arrangements

Clarkson Accountancy Posted on 4 November 2021 by Lisa Clarkson4 November 2021

Early paydays   If you pay any of your employees early over the Christmas period you need to report the normal (contractual) payday as the payment date on your PAYE full payment submission (FPS). You must submit the FPS on or before the normal/contractual pay date. In other words, the … READ MORE

Posted in Payroll | Tagged Christmas, Early payday, Payday, PAYE

Ensuring your staff party is tax free

Clarkson Accountancy Posted on 15 October 2021 by Admin4 November 2021

A staff party or an annual function qualifies as a tax-free benefit for your employees providing that you meet the following conditions: The total cost must not exceed £150 per head, per year. £150 includes VAT together with any extra costs such as transport and accommodation. The £150 is a limit and … READ MORE

Posted in Business Tax, Payroll, Personal Tax | Tagged Christmas, christmas party, staff party, staff party taxable, tax free party

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