Payrolling Employee Benefits Becomes Mandatory in April 2027: What Limited Company Directors Need to Know
Everything is set to change for how employers report and pay the tax due on employee benefits and expenses. April 2027 will see the government planning to make the payrolling of most Benefits in Kind (BiKs) mandatory, which is [...]
Tax-free Trivial Benefits for limited companies: A guide to employee gifts and rewards
As a limited company director there might be times when you’d like to gift your employees, or even yourself as a director, without the hassle of creating a tax liability. One way in which you can do this is via Trivial [...]
How Much Can Limited Company Directors Claim for Working from Home
When working from home you can expect to incur additional expenses, but did you know you’re able to claim tax relief on certain expenses if you’re using part of your home as your office? This blog explores what your [...]
Can you claim your festive party as a business expense?
It’s that time of year again when things start to get festive and many Limited Company directors start planning their annual ‘do’. HMRC are somewhat generous when it comes to events, as staff entertainment is considered an allowable business expense, [...]
What business records do you need to keep when running your own business?
When starting your own business, you are required to meet certain expectations set by HMRC when it comes to record keeping, whether this be as a sole trader, partnership or limited company. These requirements can sometimes be confusing to [...]
Summer entertaining – the rules behind having a good time
Summer is finally here, hooray! Grab the sun cream, fire up the BBQ and pour yourself something cold, it’s time to enjoy the weather and some much needed socialising. But before you make any plans, what are the rules when [...]
Top tips on how to reduce your energy consumption when working from home
It’s an expensive time to work and live in the UK, even more so if you contract from your home. With bills already increasing to an alarming rate and even more rises set to be announced in the autumn, now [...]
Electric cars – how much tax can you expect to pay?
The ban on petrol and diesel cars will come into force in 2030, and with more and more electric cars on the roads, they’re becoming an ever increasingly popular mode of transportation. So if you’re looking to purchase a car [...]
Can you claim your festive party expenses?
Who doesn’t enjoy a festive party, and following on from this past year we’ve all had, the team here at Aardvark believe that everyone deserves to let their hair down and have a good time. So are you able to [...]
Summer socials and entertaining staff – what you can claim as a business expense
Whilst the UK’s Covid freedom day has been delayed until July 19th, there’s nothing stopping you from planning a summer social for yourself or those who you work closely with. So what can you claim as a business expense? In [...]