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Employers looking to give a Christmas bonus to employees this year should think about giving them a gift rather than cash payment. However, in order to ensure that this is not a taxable gift, it is important to ensure that the trivial benefits in kind (BiK) rules apply.11th Nov 2020 Tax SELF-ASSESSMENT TAX RETURNS DUE 31ST JANUARY 2021 5th Nov 2020 Business OPEN BEHIND CLOSED DOORS We just want to assure you all that depsite the new Lockdown Restrictions, we continue to operate as normal. We know our clients depend on us for ongoing accountancy services. We are here to support you and continue to provide our services through this very challenging time. 28th Sep 2020 Business CLAIMING TAX BACK WHILST WORKING FROM HOME Following the Prime Minister's announcement last week, asking the Nation to work from home where possible, your home office could be in use for another six months. 21st Sep 2020 Business Changes to claims for wages through the Coronavirus Job Retention Scheme Key changes to the Furlough Scheme see a gradual reduction in the level of contribution that the Government will make towards the costs of furloughed staff. 4th Mar 2020 Budget 2020 Predictions The first Budget in more than 18 months is almost here, and speculation over its contents, particularly following the latest warnings about the potential costs of coronavirus to the economy is rife.
Exciting times for GRC this week as we sponsor the Hillbark Players open-air production of Hamlet.