GIFT

Fortunately, most of the pre-Budget scary stories did not come to fruition – and many owner-managers breathed a sigh of relief! Of course, most of the tax ‘damage’ for owner-managers took place last year, which has accelerated a lot...

David Whiscombe

Benefits received by reason of a person’s employment are taxable. David Whiscombe wonders whether that extends to certain gifts made to government ministers.

Fiona Poole

The onwards gift rules came into effect on 6 April 2018. Fiona Poole (Maurice Turnor Gardner) navigates the legislation.

Brontë Etherington-Cooper

Nicholas Yassukovich

Nicholas Yassukovich and Brontë Etherington-Cooper (EY) examine the UK employment tax implications of sending employees Christmas gifts and/or holding Christmas events to replace the traditionally held Christmas party.

Most lifetime gift givers are unaware of the various tax exemptions, and those who are aware are largely uninfluenced by them – which begs the question, is all this tax complexity really necessary?