Making sure you’re in the know when it comes to Making Tax digital will help you ensure you’re prepared for changes that you need to make. We suggest that having someone from within your business who keeps on top of MTD, will help you better understand whats going on a be prepared. Set aside time each week to keep track on MTD via our news section.
Please contact up at enquiries@blackmanterry.co.uk if you need help with MTDfV.
top tipsHave you heard of tax-free gifts? Some employers may wish to give a small gift to their employees. As long as the employer meets the relevant conditions, no tax charge will arise on the employee. A tax exemption is available which should help employers ensure that the benefits provided are exempt and do not result in a reportable employee benefit in kind.
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