Contact Us

Under the trivial benefits rules, gifts meeting certain criteria are exempt from income tax and NIC for employees and employers.

The criteria for a gift to be treated as a trivial benefit are:

  • The gift must not be cash or a cash voucher. Gift vouchers are allowed.
  • The total cost of the gift including VAT must not exceed £50 per employee.
  • The gift must not be provided under salary sacrifice or other arrangement.
  • The gift isn’t a reward for their work or performance.
  • The gift must not be provided in connection with the employees contract.

If the cost of the gift exceeds the £50 the full value will be taxable under the normal benefit in kind rules.

There are rules in place that a director of a close company can only receive a total of £300 of trivial benefits in any tax year.

If you want to discuss this further, please get in touch today and we can help you explore the different ways you can reward your staff. Please contact us on 020 4502 9677 or use our simple online contact form to arrange a free initial consultation.

Date published 30 Oct 2019 | Last updated 9 Dec 2021

This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

Choose the right accounting firm for you

Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?

Local business focus icon

Local business focus

We specialise in supporting independent businesses and work with 100,000 clients. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.

Come and meet us icon

Come and meet us

We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our 409 locations, meet with us online through video call software, or talk to us by telephone.

Switching is simple icon

Switching is simple

Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.

See how TaxAssist Accountants can help you with a free consultation

020 4502 9677

Or contact us