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    Income tax - Employment income - Expenses and benefits - II. Benefits in kind - Taxable benefits - Scope - Trivial benefits in kind - 27410

    With effect from 6 April 2016, there is no charge to tax and NIC on trivial benefits provided to an employee which satisfy the following conditions: - the cost does not exceed £50 (or £50 per...

    HMRC misleads employers on trivial benefits

    For the fourth time in a row HMRC has included advice about trivial benefits in its Employer Bulletin, it says to clarify matters. In reality it’s back pedalling on its previous erroneous advice about...

    Avoiding problems with trivial benefits

    The exemption for trivial benefits is very useful. However, HMRC has recently reminded employers to ensure what they are providing actually qualifies under the rules. How can your clients avoid problems?

    Inventive ways to use trivial benefits

    Despite the tax and NI exemption for trivial benefits being more than three years old, business owners are sometimes mystified about when and how they can use it, especially for themselves. How...

    Confusion over trivial benefits exemption

    During an HMRC webinar the host dug herself a hole when explaining the tax position for low cost perks. She said that snacks regularly provided by an employer aren’t exempt. She was wrong but...

    Trivial benefits - the VAT and CT consequences

    HMRC’s webinar on trivial benefits for employees gives helpful guidance about income tax and NI but doesn’t tackle the corporation tax and VAT consequences. If you intend to provide trivial...

    Staff gifts - being generous but reducing your cost

    Your accountant says you that should consider making Christmas gifts to your employees this summer rather than in December. He says this could reduce the cost to you by a third or more. Can different timing...

    Gifts to companies - are they taxable?

    One of our subscribers received several cases of wine from a grateful customer. They were sent to the company, but intended to go to the directors and employees. What’s the tax position?

    Work lotto tickets are taxable - truth or myth?

    As a bit of fun and as a goodwill gesture you buy lottery tickets each week for your staff. One of your workers is telling the others that not only is this a taxable perk, but if they win the...

    Can you supply clothes tax and NI free to staff?

    You want to provide your staff with uniforms in keeping with your firm’s corporate image, but understand they count as a taxable perk unless conditions set by HMRC are met. How can you avoid...