Tag Archive: Trivial benefits

Tap into the Jubilee spirit!

Posted 13th April 2022 at 6:27 am

Her Majesty the Queen celebrates her Platinum Jubilee this year, with events planned across the country during the four-day Bank Holiday weekend from Thursday 2nd to Sunday 5th June. There is huge potential for businesses to tap into the feelgood factor brought about by the festivities, but you do need to take care not to look too opportunistic, or even fall foul of the law!   The movement of the May bank holiday to the end of the week, with the addition of the extra day is something that hopefully all businesses are by now aware of. Employers and employees... Read more

Three ways to make the most of your tax benefits this Christmas

Posted 2nd December 2019 at 8:34 pm

1. Reward your staff with Trivial Benefits of up to £50 in value Did you know that if you reward staff with Benefits in Kind, you can save tax on these by meeting certain conditions? This means that as an employer you can buy gifts, pay for meals, or give shopping vouchers to your employees as a Trivial Benefit, exempt from tax. To find out more about Trivial Benefits click here.   2. Claim up to £150 per head for your Christmas party Tax rules allow an exemption for an annual staff social event, such as a Christmas party. So... Read more