Category: Payroll

Empowering small businesses, for lasting success.

Expenses and benefits for employers

Are you an employer and you provide expenses/benefits to employees or directors. Here is some advice, you might need to tell HM Revenue and Customs (HMRC) and pay tax and National Insurance on them. Examples of expenses and benefits include: company cars health insurance travel and entertainment expenses childcare Reporting and paying At the end…
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Payroll and Pensions – Benefits for Limited Companies

If you’re a director of a limited company, you can contribute pre-taxed company income to your pension pot. What’s more, because an employer contribution counts as an allowable business expense, your company will also receive tax relief against corporation tax. Can I contribute to my pension via my limited company? Yes, in fact, pension contributions…
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