Currently employers can agree with HMRC that some benefits are trivial and need not be reported. This is burdensome for employers and HMRC.
From April 2016 a STATUTORY EXEMPTION is being introduced for trivial benefits.
Conditions for the exemption are:
– The trivial benefit must not be cash or a voucher
– The cost of providing the trivial benefit must not exceed £50.00
– The trivial benefit must not be provided by way of a contractual obligation or salary sacrific arrangement
– The trivial benefit must be given for a non-work reason e.g birthday
If you would like any advice or assistance in this area please call the office.
