November 2020

Guide to VAT on expenses

17th November 2020

For VAT-registered companies, reimbursing employee expenses can be a minefield. You may be entitled to claim back VAT on expenses and it’s important to remember that they should be treated as anything else you buy for your business....

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Are employee Christmas gifts taxable?

16th November 2020

With the traditional office Christmas party looking unlikely this year, many employers are planning alternative gift ideas to reward their employees over the festive period. However, it’s important to be aware of the tax considerations of any gifts,...

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Furlough scheme extension and other financial support available during lockdown

6th November 2020

Updated: 11 March 2021 As lockdown continues, businesses will be understandably concerned about what it means for their finances. The Government has already confirmed the Coronavirus Job Retention Scheme (also know as the furlough scheme), which was due...

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Chartered Accountants in Sunderland, offering expertise on everything from Tax and Business Planning,
to Accounts and VAT.