Staff costs are very often one of the largest costs for many businesses. Generally the costs associated with employing staff are deductible from the profits of the business. However there are some costs to bear in mind when you process payroll. How to Process Payroll Firstly business expenses must be incurred wholly and exclusively for the purposes of the business to be deductible. The cost...
Millions of UK employees are now working from home due to the coronavirus outbreak. If you are an employee working from home, you could be eligible to claim a working from home tax refund for the extra expenses that you incur as a result, such as gas and electricity. Typically as an employee working from home during Covid-19, you will be making great savings by...
Are you missing out on claiming tax relief for expenses you have to pay for your job? There are plenty of flat rate expenses on offer to employees which you can claim for, and in this guide, we’re going to take you through everything you need to know. Let’s take a look at how to claim tax relief as an employee for your expenses –...
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