Tag: Business Christmas Gifts Clients Suppliers Employees

On December 12, 2023

Business Information Sheet – Christmas Related Matters

Christmas Related Matters Christmas Bonus Payments Employees are often paid a bonus around Christmas time. Generally, the bonus is paid for performance over the past year – in this case, when it is classified as a ‘one-off bonus’, it is taxed only in the current financial year. If the business is paying a bonus for