Spotting “HMRC” Scams

As we all know, scams are rife with people trying to get hold of your money and digital details by a wide variety of means.

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HMRC Enquiries

For some time now, HMRC have been stepping up their compliance activities to close the tax gap. In the wake of the pandemic the need to back-fill the huge hole in the UK’s finances meant that this intensified.

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Understanding Salary Sacrifice

Salary sacrifice is a financial arrangement between an employee and employer that can benefit both parties. This concept allows employees to redirect a portion of their pre-tax salary towards specific benefits, often leading to tax advantages.

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Trivial Benefits in Kind

Trivial Benefits in Kind

A trivial benefit is a tax-free, non-cash perk given to employees that is not subject to income tax or national insurance contributions. However, they must meet certain requirements.

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