Employee Benefits – the tax law relating to expenses payments and benefits.

HMRC Booklet 480(2016)

Sets out to explain to people everything you need to know regarding Employee Benefits in Kind!!

If you find it too mind blowing to decipher contact Lindsay the expert on Employee travel, Entertaining expenditure and company cars!! Etc etc

The booklet explains the tax law relating to expenses payments and benefits received by:

• directors
• employees in areas such as
• Cas and vans available for private use
• Fuel provided for company cars and vans
• Pooled cars
• Beneficial loan arrangements
• Scholarships
• Entertaining expenses
• Provision of living accommodation
• Mobile phones and BlackBerrys
• Employment related securities and arrangements
• Guidance on completion of forms P11D

Don’t get caught in the tax trap of thinking items are not taxable!! Some may be tax free but a call to Lindsay will answer you queries!