
£50 is trivial, up to 6 times in a tax year! From 6 April 2016, employers no longer have to agree with HMRC that certain Benefits in Kind are ‘trivial’. Read the full requirements including the examples at https://www.gov.uk/government/publications/tax-exemption-for-trivial-benefits-in-kind-draft-guidance/tax-exemption-for-trivial-benefits-in-kind-draft-guidance. Example A is an employer who takes employees out for a meal to celebrate birthdays. Example[…] Read more »