Tax and employee share schemes
There are a number of government approved share schemes which offer various incentives to employees. The rules of the schemes vary but they are all
There are a number of government approved share schemes which offer various incentives to employees. The rules of the schemes vary but they are all
There are many advantages to creating an employee suggestion scheme where employees are rewarded for making suggestions that benefit your business. Apart from the value
An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference between the interest the employee
New rules that stop employers from withholding tips from people working in the hospitality, leisure and services sectors are a step closer following the publication
The Cycle to Work scheme allows employers to provide bicycles and cyclists’ safety equipment to employees as a tax-free benefit. The scheme must be offered
Employers can register on a voluntary basis (before the start of the tax year) to report and account for tax on certain benefits and expenses
If you use your own vehicle for business journeys you may be able to claim a tax-free allowance from your employer known as a Mileage
There is a requirement to notify HMRC if you make any company cars available for private use by company directors or employees. The definition of
If you use your car or other vehicle to undertake business journeys on behalf of your employer, and your employer does not: Fully reimburse you for