Tag Archive: trivial benefit

Reward your staff with tax-free Trivial Benefits

Posted 24th July 2019 at 9:44 am

trivial benefit

Did you know that if you reward staff with Benefits in Kind, you can save tax on these by meeting certain conditions? A benefit in kind can be classed as a Trivial Benefit and therefore exempt from tax if: the cost of providing the benefit does not exceed £50 the benefit is not cash or a cash voucher the employee is not entitled to the benefit as part of any contractual obligation (including under salary sacrifice arrangements) the benefit is not provided in recognition of particular services performed by the employee as part of their employment duties. The exemption has... Read more