Not so Trivial Tax Benefits

by | Sep 19, 2024 | Employee Benefits

There is a trivial benefit-in-kind (BiK) exemption for small, non-cash employee benefits. This exemption applies to BiKs classified as 'trivial,' helping employers simplify the handling of these benefits while offering a tax-efficient way to give small gifts...

Medical and dental care for employees

by | Aug 29, 2024 | Employee Benefits

There is no requirement for employers to pay tax and National Insurance on certain health benefits covered by tax concessions or exemptions. For example, there is no requirement to report employees’ medical or dental treatment or insurance if they are a part of...

Tips at work

by | Aug 22, 2024 | Employee Benefits

Tips received at work do not count towards your earning for the purposes of the National Minimum Wage. However, you are still required to pay Income Tax on these tips and may also need to pay National Insurance. The person who is responsible for reporting the tax, and...

Late night taxi for an employee

by | Jul 4, 2024 | Employee Benefits

There is no specific requirement for employers to provide employees with transport home. Nevertheless, an employer has a duty of care to their employees, which means that they should take all steps which are reasonably possible to ensure their health, safety and...