Staff entertaining is one of the most tax-efficient ways for a business to say thank you, but only if it’s done properly. With a bit of planning and good record-keeping, you can enjoy festive celebrations while keeping the taxman happy. Here’s how to make the most of it 1. Know the £150 per head rule HMRC allows annual staff events (such as a Christmas party or summer event) to be tax-free for employees if: The total cost is £150 per head or less The £150 includes VAT, foo

For many small businesses, December is a wonderful but challenging time. Sales can be strong, but cashflow can tighten quickly, especially if your business shuts down for a week or two. Wages, rent and supplier payments continue as normal, yet customers often disappear until January. A little preparation now can make a huge difference. Below are my simple, effective steps to help protect and strengthen your cashflow over the Christmas period, using proactive debt chasing, Xer

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