Category › Personal Tax › Income Tax – Employment Income › Chapter 5- Benefits in Kind (General)
Chapter 5- Benefits in Kind (General)
In general, entertaining employees is an exception to the normal rule that business entertainment costs are not allowable for tax...
Entertaining employees
In general, entertaining employees is an exception to the normal rule that business entertainment costs are not allowable for tax...
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Payments made into employee benefit trusts constitute taxable income
A Tribunal recently ruled that payments made for work into a third-party trust constitute immediate employment earnings. This decision effectively...
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The scope of the trivial benefits legislation
The trivial benefits legislation provides a simple and practical tax exemption that allows employers to give small non-cash benefits to...
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Tax and trivial benefits
There is a trivial benefit-in-kind (BiK) exemption that applies to small, non-cash gifts (such as a bottle of wine or...
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Tax and employee suggestion schemes
Have you set up a suggestion scheme for ideas that could save or earn you money? Employee suggestion schemes can...
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Make the most of trivial benefit payments 2025-26
Small gifts can mean big tax savings! Use the trivial benefits exemption in 2025-26 to reward employees with non-cash perks...
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Tax-exempt employee loans
Beneficial loans, where employees benefit from cheap or interest-free loans from their employer, can trigger tax implications. However, certain exemptions,...
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Leveraging tax-free benefits: rewarding employees with childcare vouchers and cycle-to-work schemes while saving on taxes
Tax Free Benefits: How Employers Can Reward Employees While Improving Tax Efficiency Businesses are increasingly using tax free benefits as...
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Medical and dental care for employees
There is no requirement for employers to pay tax and National Insurance on certain health benefits covered by tax concessions...
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Late night taxi for an employee
There is no specific requirement for employers to provide employees with transport home. Nevertheless, an employer has a duty of...
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Employee suggestion schemes
There are many advantages to creating an employee suggestion scheme where employees are rewarded for making suggestions that benefit your...
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Beneficial tax-exempt loans
An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference...
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Taxable employment benefits from april 2026
From April 2026, the government will mandate the reporting and paying of Income Tax and Class 1A National Insurance Contributions...
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Tax free annual party
The cost of a staff party or other annual entertainment is generally allowed as a deduction for tax purposes. If...
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Tax on incentive rewards
Companies may use incentive award schemes to encourage their employees in various ways. For example, to sell more of their...
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Tax on trivial benefits
There is a benefit-in-kind (BiK) trivial exemption that applies to small non-cash benefits like a bottle of wine, or a...
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Mobile phones and tax
When an employer incurs costs for the provision of mobile phones to employees it is important to understand the correct...
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Beneficial loans that are exempt
An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference...
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Don-t forget those trivial benefits
Don-t forget to take advantage of tax-free trivial benefits before Christmas. If you are an employer and looking to give...
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