The staff Christmas Party is a time for fun. However, if you are an employer and hold an annual Christmas Party, you need to be aware of restrictions, otherwise you may end up with an unexpected tax bill. Provided that an annual Christmas party is open to all staff generally, HM Revenue & Customs (HMRC) …
If you own buy to let property, there were a couple of changes announced in the Summer Budget which may affect you. Wear and Tear Allowance Landlords of furnished properties are allowed to deduct a flat rate 10% of rental income in respect of a wear and tear allowance. This is being removed from April 2016, …