To help everyone enjoy the festive season with peace of mind, today we will quickly go through the key points regarding employee benefits during Christmas, allowing you to convey your festive greetings while avoiding unnecessary tax troubles.

If you plan to start a business or are already operating from commercial premises, business rates are a crucial tax to understand in addition to company registration, accounting and tax filing. Business rates are closely tied to your eligibility for Small Business Rate Relief (SBRR).

Since April this year, multiple tax increases in the UK have not only added pressure on businesses but also made the cost-of-living challenge for households more severe—water, electricity, and energy bills have all gone up. From October 1, Ofgem has updated the energy price cap, increasing the average annual household bill by £35.14 to £1,755.14 (up from the £1,720 rate effective since July).

Did you know that you could reduce the tax you pay on these expenses? So, what sort of expenses qualify for tax relief?