Chapter 3 - 1.4 - Trivial Benefits

Question 1

What is unique about trivial benefits?

Answer 1

They are exempt (although there is an annual cap of £300 in respect to such benefits when provided to certain directors)

Question 2

Which conditions does a benefit need to meet to be trivial?

Answer 2

• The cost of providing the benefit does not exceed £50
• It is not cash or a cash voucher
• It is not provided in recognition of services