Tax Data

Help & Advice

Tax efficient benefits

Consider:

  • Employer pensions.
  • Employer supplied pensions advice.
  • Workplace nurseries.
  • Cycle to work schemes
  • The provision of an ultra-low emission vehicle emitting 75g CO2/km or less.
  • Meals in a staff canteen.
  • Hot drinks and water at work.
  • A mobile phone.
  • Workplace parking.
  • Christmas parties up to £150 per head.

Financial benefit awards from an employer. Where employees come up with ideas that can make the employer money. The amount that can be claimed is the greater of 50% of the financial benefit in the first year, or 10% of the financial benefit in the first five years. In both cases this is subject to an over-riding cap of £5,000.

  • In-house sports facilities.
  • Counselling for redundant staff.
  • Use of works buses.
  • Equipment and facilities for employees to help with their job.
  • A long service awards.
  • A trivial benefits exemption of up to £50 per benefit. This cannot be cash or a cash voucher. Limited to £300 for directors and connected persons.