Outline of special rules for use of vouchers and credit tokens
HMRC’s Employment Income Manual is clear that there are special rules when an employee receives goods or services by reason of their employment,...
16 Apr
Employee Benefits
Category Archives: Employee Benefits
03 Apr
Employee Benefits
How is ordinary commuting defined for travel costs
As a general rule, there is no tax relief for ordinary commuting. The term 'ordinary commuting' is defined to mean travel between a...
26 Mar
Employee Benefits
Repay your employer for private fuel
Where an employee with a company car is provided with fuel for their own private use by their employers, the default position is...
20 Mar
Employee Benefits
Present tax-free company benefits
The list of company benefits that can be provided tax-free to employees is quite short. However, some of the benefits that can be...
06 Mar
Employee Benefits
Incentive award schemes and tax
Companies can use incentive award schemes to encourage their employees in various ways, for example, to sell more of their own goods and...
27 Feb
Employee Benefits
New advisory fuel rates published
Advisory fuel rates are intended to reflect actual average fuel costs and are updated quarterly. The rates can be used by employers who...
23 Jan
Employee Benefits
Avoid car-fuel benefit charge for 2018-19
The easiest way to ensure that no car-fuel benefit charge (for private journeys in a company car) is payable, is to use the...
23 Jan
Employee Benefits
On your bike – Cycle to Work schemes
There are special rules involving bicycles usually referred to as 'Cycle to Work' arrangements. The Cycle to Work scheme was introduced almost 20...
19 Dec
Employee Benefits
Benefits that don’t have to be reported to HMRC
There is no requirement to report certain routine expenses to HMRC. The types of expenses and benefits covered are referred to as exemptions...
28 Nov
Employee Benefits
New advisory fuel rates published
Advisory fuel rates are intended to reflect actual average fuel costs and are updated quarterly. The rates can be used by employers who...