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You can make use of £50 vouchers as tax-free trivial benefits, a scheme that allows employers (including directors of limited companies) to provide non-cash gifts to staff without incurring tax or National Insurance liabilities, provided the following conditions are met: Employees can be given an unlimited amount of vouchers per financial year (obviously within reason) … Continue reading
The UK’s anti-money laundering (AML) landscape is undergoing a major transformation, and accountancy and bookkeeping professionals are squarely in the spotlight. With the Financial Conduct Authority (FCA) now designated as the AML supervisor for the sector, firms must prepare for rigorous, risk-weighted compliance regime. Why the FCA’s New Role MattersHistorically, AML supervision was fragmented across … Continue reading
Phoenix Debola 