Tax treatment of incentive award schemes
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Companies use incentive award schemes to encourage their employees in various ways. For example, to sell more of their own goods and services. The...
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Exempt beneficial employee loans
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An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference between the...
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Are you taking advantage of trivial benefits?
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The trivial benefits in kind (BiK) exemption applies to small non-cash benefits like a bottle of wine or a bouquet of flowers given occasionally...
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Check if you can claim working from home expenses
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If you are an employee who is working from home, you may be able to claim tax relief for some of the bills you pay that are related to your work...
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Mobile phone exempt costs
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When an employee incurs costs for the provision of mobile phones to employees it is important to understand the correct tax treatment of these...
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Changing the terms of a salary sacrifice arrangement
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A salary sacrifice arrangement is effectively an agreement to reduce an employee’s entitlement to cash pay, usually in return for a non-cash...
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Exempt beneficial loans
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An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference between the...
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Annual party benefits
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The cost of a staff party or other annual entertainment is generally allowed as a deduction for tax purposes. If you meet the various criteria...
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Holiday entitlements if furloughed
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The Coronavirus Job Retention Scheme (CJRS) commonly known as the furlough scheme is open to all UK employers and will now run until 31 March...
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Tax-free perk for Christmas
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If you are an employer and looking to give a small Christmas bonus to your employees, then your best option is probably to give them a gift. In...
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COVID related benefits for employees
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The Income Tax treatment of coronavirus tests and the provision of Personal Protective Equipment (PPE) to employees during the coronavirus...
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Paying or refunding transport costs
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To ease the financial burden on their employees, some employers may look at paying or refunding transport costs for their employees when they...
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