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Re: Just had an offer via phone.
As previously stated, "free legal services" are a benefit-in-kind, and would attract a tax liability (unless it’s a very small amount, and as we all know, lawyers ≠ small bills).
https://www.taxinsider.co.uk/the-bes...r-directors-ta
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The statutory exemption for trivial benefits allows a company to provide benefits costing not more than £50 tax-free and without any need to tell the taxman. For directors of close companies, tax-free trivial benefits are capped at £300 a year.
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https://www.goforma.com/tax/limited-...-tax-allowance
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The costs incurred for engaging professional services—such as hiring an accountant, lawyer or architect—can be claimed as an allowable expense, as long as these services are carried out solely for business purposes
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Last edited by Hugh; 07-07-2021 at 20:25.
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