Benefit in kind

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Training cost


Cost of training is usually exempt when it is work related. Exempted training cost Work-related training is the one you acquire to help you to improve or update the skills you have already acquired Misconceptions about training cost The most common misconceptions are that all cost can be deducted as an expense. However, some training […]
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saving on car benefit

How to reduce tax on company cars

An employer at times has to add car allowance to employment package for new employees.Puting car benefit into consideration when providing your employee with a company car is important.The employer could reduce the tax paid by providing the right car. Impact of Car benefit to employees and employers When an employee presents a vehicle to […]
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