Tax-free therapy now allowed
Minor benefits. Tucked away in the corner of the employment income tax legislation is an exemption for so-called minor benefits. This isn’t to be confused with trivial benefits - there are separate and distinct rules that apply to any type of perk that costs an employer less than £50 per employee to provide. By contrast, the minor benefits exemption is more generous but specific to particular perks. For more information, contact us.
Working from home during coronavirus
A major side effect of coronavirus is that employees have been asked to work at home wherever possible. They may incur additional domestic costs as a result. From a tax perspective what does this mean for employers and employees? For more information, contact us.