The following Employment Tax guidance note by Tolley in association with Philip Rutherford provides comprehensive and up to date tax information covering:
From 6 April 2016 there is a statutory exemption in place for trivial benefits. Items under £50 are classed as trivial and there is no limit on the number of trivial benefits an employee can receive, except where the benefit would otherwise be chargeable on a director or office-holder of an employer company which is a close company, in which case an annual cap of £300 per person per tax year applies.
There are a number of conditions for a benefit to qualify as trivial:
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