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Christmas Parties With the Christmas season rapidly approaching a quick reminder that there is a tax exemption for employee entertaining. This only applies to “annual parties” available to all staff and is set at £150 per head per annum. If you hold more than one staff function per annum and the entire cost of the…

For many businesses Christmas is the time of year when bells are ringing and tills are jingling! If your business is one of these, then you probably don’t even have time to read this blog post as you hit your busiest period! But for others, Christmas is the time of year when things begin to…

If you are a seasonal business you will have unique issues around managing your cash flow. For those businesses whose income comes from the Great British Summertime, you’ll be looking to spread your summer takings over the leaner months. Other businesses may be gearing up for the Christmas season, and most likely have plenty of…

Suppose that every day, ten men go out for beer and the bill for all ten comes to £100… If they paid their bill the way we pay our taxes, it would go something like this…