From our blog

December 14th, 2013

Business Gifts & Tax

At this time of year you may think of giving gifts or bonuses to staff, or presents to clients, customers or useful contacts, but do remember that these may be subject to tax as follows:

December 14th, 2013

Christmas Party Staff Allowance

The tax free “Christmas Party Allowance” is £150 per head per annum. It can be spread over as many annual events as you like, but each one must be annual and an event

December 13th, 2013

Limelight in christmas spirit

Limelight Accountancy has again this year embraced the Christmas spirit. The Liphook office has a modest display of Christmas decorations and a winter themed photo display in the window.

September 19th, 2013

Personal tax returns

The deadline for Electronic submission of 2013 personal tax returns is midnight on 31st January 2014, with an initial automatic £100 penalty if late. Further penalties are levied from