Christmas allowance - personal tax year or company tax year? Christmas allowance - personal tax year or company tax year? - Page 2
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  1. #11

    More time posting than coding


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    Quote Originally Posted by SuperLooper View Post
    Doesn't have to be Christmas.
    A Christmas Allowance doesn't have to be for Christmas? I'm contacting my HR and Marketing Department (the wife).

  2. #12

    Contractor Among Contractors

    PhiltheGreek's Avatar
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    I know an annual allowance doesn't have to be used for Christmas, but the thread title was a bit of a clue as to the purpose of the proposal.

  3. #13

    My post count is Majestic

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    Quote Originally Posted by PhiltheGreek View Post
    I know an annual allowance doesn't have to be used for Christmas, but the thread title was a bit of a clue as to the purpose of the proposal.
    Maybe his company year-end is really near Christmas.
    Quote Originally Posted by MaryPoppins View Post
    I'd still not breastfeed a nazi
    Quote Originally Posted by vetran View Post
    Urine is quite nourishing

  4. #14

    Nervous Newbie


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    That's right, I had a Christmas meal and didn't use up to my £150 available so thought about planning another "annual event" to use it. Looks like I'm in to next year already though...

    Thanks WordIsBond - answers my problem clearly.

  5. #15

    Fingers like lightning


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    Quote Originally Posted by alloverit View Post
    Hi all, asking because my current accountant is giving different advice than previous ones. Is it £150 per head in your company tax year or the personal tax year (Apr-Apr)?

    Thanks!
    Short answer it's tax year April to April not fiscal year (company year end)

  6. #16

    Fingers like lightning


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    How would you take this allowance if inside IR35?


    Sent from my iPhone using Contractor UK Forum

  7. #17

    Super poster

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    Quote Originally Posted by GhostofTarbera View Post
    How would you take this allowance if inside IR35?


    Sent from my iPhone using Contractor UK Forum
    From retained profit from a previous engagement.
    See You Next Tuesday

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