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Employers should note that certain gifts to staff at Christmas are tax free if structured correctly. Employers are allowed to provide their directors and employees with certain “trivial” benefits in kind tax free. This exemption applies to small gifts to staff at Christmas where the cost to the employer is no more than £50, this is in addition to gifts on their birthday, or other occasions and includes gifts of food, wine, or store vouchers.
09 May 2025
The Bank of England has cut interest rates from 4.5% to 4.25%, the lowest rate since May 2023.
25 Apr 2025
The government's new Cyber Governance Code of Practice.