Expenses / Benefits provided to employees which are minor or irregular or items on which it is impractical to operate PAYE may be taxable and may need to be reported to HMRC. Typical examples of expenses which would fall within this category include but are not limited to for example staff entertaining, staff gifts, relocation expenses, late night taxis etc. It is often a time consuming process for employers to analyse these expenses on an annual basis. We have therefore developed tax software (Min-Tax) which can analyse employee expenses to identify the taxable expenses as well as expenses which qualify for exemption such as long service awards, trivial benefits etc. Our software can help you to minimise time, maximise compliance as well as maximise tax savings. We have provided a few videos below of our Min-Tax Software in action and would be happy to provide a demo.

EXPENSE ANALYSIS SOFTWARE

Min-Tax - Launch video animation

Published Date: 14 September 2018

Min-Tax supports UK employers in analysing expenses data in line with UK tax legislation and has a number of uses e.g. preparing the annual PAYE Settlement Agreement computation, dislcosures, HMRC audits as well as claiming tax refunds from HMRC. Our application is unique in that it offers complete flexibility and our analysis is tailored per client to ensure maximum value. We will be sharing video demos of our application in the coming weeks and months but please send us an email at mintax.sales@e-taxconsulting.com if you would be interested in a live demo.

Min-Tax - 5 Simple Steps (1 of 7)

Published Date: 30 September 2018

Following the launch of our Min-Tax application a few weeks back, we have created the 1st of 7 video demos. This provides an overview of the approach used for analysing employee expenses in 5 simple steps which should take no more than a couple of hours to complete. Thus saving employers a significant amount of time whilst also maximising compliance.

Min-Tax - Analysing Travel Expenses (2 of 7)

Published Date: 15 October 2018

In this video, we go into detail on the analysis our application performs in analysing the taxable and non-taxable employee travel expenses. The analysis is carried out in great detail and identifies a range of taxable expenses such as non-qualifying home to work travel, late night taxis, staff entertaining travel etc. Furthermore, Min-Tax can analyse a significant amount of data in a few minutes and in our demo completely analysed 55,000 expense lines in under 60 section

Min-Tax - Analysing Staff Entertaining Expenses (3 of 7)

Published Date: 7 November 2018

In this video, we provide an overview of the analysis our application performs in analysing the taxable and non-taxable employee entertaining expenses. The analysis is carried out in great detail and identifies a range of expenses which may qualify for UK tax exemptions e.g. on-site working lunches, annual events, trivial benefits etc. Furthermore, Min-Tax has a built in distance calculator to help identify those expenses which are non-taxable e.g. genuine subsistence expenses.

WE BELIEVE THAT TECHNOLOGY OFFERS US AND OUR CLIENTS THE OPPORTUNITY TO MAXIMISE EFFICIENCIES AND MINIMISE COST AND ARE EXCITED TO LAUNCH OUR MIN-TAX APPLICATION FOR SUPPORTING UK EMPLOYERS WITH ANALYSING EMPLOYEE EXPENSES.

EXPENSE ANALYSIS SOFTWARE