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Archives for December 2017

Making tax digital

Making Tax digital (The Final Plan)

The journey so far with making tax digital Making tax digital has been in various debates over several months. HMRC’s  argument is that modernizing the tax system would make it more efficient and effective. They also believe digital tax records would help to reduce the tax gap. The tax gap is the difference…

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trival benefit

TRIVIAL BENEFITS TO EMPLOYEES

Savings on trivial benefits The trivial benefit was first introduced in April 2016. It was introduced to encourage employers to give employees benefits without incurring income tax and national insurance on the cost of this benefit. Cost of the benefit to the employers or another organization providing the benefit on…

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