Posted 10/08/2016 In Blog 2016-08-102018-09-05https://www.wrightvigar.co.uk/wp-content/uploads/2017/01/wright-vigar-logo.pngWright Vigarhttps://www.wrightvigar.co.uk/wp-content/uploads/2017/01/wright-vigar-logo.png200px200px 0 0 Welcome to August’s Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. If you need further assistance just let us know. How will Brexit affect your business Spotlight on Tax Avoidance Schemes HMRC Focus on Contractor Loan Schemes Casual Employees August Questions and Answers Q1. I have five employees who I recently took out for dinner to celebrate the success of the company. The total cost of the meal was £225. Do I have to report this as a benefit-in-kind to HMRC? Q2. Is there any update on Finance Bill 2016 Progress? Q3. How long do I need to keep VAT records for? August Key Tax Dates Recent PostsWright Vigar National Three Peaks ChallengeCharity BankingResidential Properties – Company or personal ownership?