20th December 2023
An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference between the…
14th December 2023
There are special rules for the provision of living accommodation for employees. In most cases, employees will pay tax on any living…
9th November 2023
There is a benefit-in-kind (BiK) trivial exemption that applies to small non-cash benefits like a bottle of wine, or a bouquet of…
25th October 2023
The cost of a staff party or other annual entertainment is generally allowed as a deduction for tax purposes. If you meet…
19th October 2023
HMRC has published revised guidance concerning the charging of company cars and vans at residential properties. HMRC had previously maintained that the…
21st September 2023
Companies may use incentive award schemes to encourage their employees in various ways. For example, to sell more of their own goods…
14th September 2023
Where an employee with a company car is provided with fuel for their own private use by their employers, the default position…
7th September 2023
There is a benefit-in-kind (BiK) trivial exemption that applies to small non-cash benefits like a bottle of wine, or a bouquet of…
24th August 2023
The Cycle to Work scheme was introduced over 20 years ago to help promote the use of environmentally friendly modes of transport….
15th June 2023
There is no requirement for employers to pay tax and National Insurance on certain health benefits covered by tax concessions or exemptions….