Tax Tip Tuesday: Trivial benefits exemption

Tax Tip Tuesday from Consilium Chartered Accountants: rewarding employees. The trivial benefits exemption may allow employers to give employees tax-free non-cash rewards of up to £50 each. Employees can receive multiple rewards each year.

The trivial benefits exemption may allow employers to give employees tax-free non-cash rewards of up to £50 each. Employees can receive multiple rewards per year.

Consilium Chartered Accountants provide Tax advice to business owners and entrepreneurs.

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