We use some essential cookies to make this website work.
We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services.
We also use cookies set by other sites to help us deliver content from their services.
You have accepted additional cookies. You can change your cookie settings at any time.
You have rejected additional cookies. You can change your cookie settings at any time.
Departments, agencies and public bodies
News stories, speeches, letters and notices
Detailed guidance, regulations and rules
Reports, analysis and official statistics
Consultations and strategy
Data, Freedom of Information releases and corporate reports
Find out how to operate PAYE if you pay your employees with assets that can be sold or cashed in, like stocks, shares or cryptoassets.
Small businesses can record income and expenses when money is actually paid rather than when they've invoiced or received
Cash basis accounting is the standard way to record your income and…
You can use cash basis if you’re a sole trader or partnership without…
You must keep records of all business income and expenses. You’ll need to…
From 6 April 2024, cash basis became the default method of accounting. You…
Tax and reporting rules for employers who meet or reimburse an employee's expenses - scale rate payments round sum allowances (RSA)
As an employer providing business or private expenses for your employees,…
In general, something only counts as a business expense if your employee…
Private expenses are anything that does not count as a business expense,…
If you provide your employees with a set amount of cash to pay for some…
If you provide a set amount of cash for employees regardless of how they…
The following guides contain more detailed information: criteria for…
Find out how to value company benefits for your employees.
People from Cardiff to Carmarthen will see a boost to their local communities and job opportunities, thanks to the Wales Pension Partnership (WPP) launching a new investment company that pools £25 billion of assets.
Find out how the VAT Cash Accounting Scheme works and the conditions you must meet if you want to use it.
What to do about tax and National Insurance if you pay an employee free of tax.
Claiming Universal Credit if you're self-employed - eligibility, reporting your earnings, start up periods
How to report expenses and benefits you provide to employees or directors.
Find out about the rules when a benefit is provided as part of optional remuneration arrangements.
Don’t include personal or financial information like your National Insurance number or credit card details.
To help us improve GOV.UK, we’d like to know more about your visit today. Please fill in this survey (opens in a new tab and requires JavaScript).