christmas
Christmas gifts and parties - the tax treatment - 06 December 2010
There are various tax implications to consider on gifts and parties that you may be providing to your employees at this time of year. The most common situations that arise are as follows
Cash Gifts or Bonuses
These are treated as normal pay and subject to PAYE and Class 1 NIC in the normal way. The important point here is that this also applies to vouchers that can be exchanged for cash
Gifts to Employees
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