3 articles tagged with Workplace Finance.
Office lottery syndicates are common but rarely have a written agreement — the exact reason most syndicate disputes happen. How to set one up properly, and what happens to winnings for tax purposes.
Go one pound over £150 per head across the year's staff events and the whole amount can become taxable, not just the excess. How the exemption works and how employers commonly plan around it.
A £5-£10 Secret Santa gift is almost never a tax issue, but employer-funded gifts and prizes work differently. What the trivial benefits exemption actually covers for UK workplaces.