Christmas is a time for giving but don’t let this Christmas be your tax “Silly Season”.
In December, we highlight the tax implications that are relevant to this time of year and how to maximise the benefit to you with regards to the following:
- Staff gifts
- Christmas Parties
- Client gifts
- Donations to charities
- Christmas bonuses
We recommend that expenditure during this period is budgeted given that traditionally cash flow slows in the New Year.
If you would like to discuss how to maximise the tax deductibility of your December then contact us.
The team a PJS Accountants would also like to take this opportunity to wish everyone a safe and Merry Christmas. We look forward to working with you again in 2015.