Positives of providing benefits to employees

Since we are currently in the midst of the P11D reporting season, it is the perfect time of year to review the benefits you provide your employees. Benefits can be a great way to incentivise and boost employee morale, particularly if the benefit does not attract an associated tax charge! Examples of tax-free benefits that […]

Albert Goodman a Sponsor of Business Leader Awards

Albert Goodman is pleased to announce they are the proud sponsor of the ‘Family Business Category’ at the 2018 Business Leader Awards.   The 2018 Business Leader awards are now open for entries for the sixth year running and are excited to celebrate the innovative businesses of all sizes that are based in the South West. […]

Consider your tax position for 2018/2019

With the 6 April approaching, the tax year 2018/19 will be starting and now is a time to consider your tax position for the coming tax year.   The changes to the allowances, tax bands and tax rates from 2017/18 to 2018/19 are as follows:   The personal allowance is increasing from £11,500 to £11,850. […]

Important Changes to Auto-enrolment

Important Changes to Auto-enrolment Under Auto Enrolment the minimum contributions in place will be changing with effect from the 6th April 2018.  By law, the minimum contributions will be increasing in two phases; on the 06/04/2018 and once again a year later on the 06/04/2019.  If you are an employer operating an auto-enrolment workplace pension […]

Benefits to an employee? Fill out a P11D form.

Benefits   An employer can provide benefits to an employee which may have a tax and national insurance consequence. If this is the case, then the employer is required to report this to HMRC.   How is it reported?   A P11D form needs to be prepared for each employee who is provided with a […]

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