employment income Flashcards
(25 cards)
what is a trivial benefit?
cost less than £50
not cash or a cash voucher
not provided in recognition of services
is use of free/subsidised on-site canteen exempt?
yes, if available to all employees
are sports facilities only available to employees exempt?
yes
are vouchers for approved childcare exempt?
for those in a scheme before 6 April 2011, up to £55 per week is exempt. For those joining afterwards, £55pw for basic taxpayers, £28pw for higher rate taxpayers and £25pw for additional rate taxpayers
is a health screening per year exempt?
yes
are glasses and eye test exempt?
yes, for people who use VDUs
how much pa is exempt for medical treatment to help the employee return to work?
£500 p.a.
is use of bicycles exempt?
yes
are work buses and subsidies to use public bus services exempt?
yes
are costs of vehicle battery charging places at/near work exempt?
yes
are travel expenses exempt?
yes, when public transport is disrupted, for late night journeys, and for when car sharing arrangements break down
is provision of a car parking space at/near work exempt?
yes
how much of pension advice/tax planning advice exempt?
£500 per tax year. if above, the full amount is payable
are mobile phones exempt?
yes, one per employee
are work related training courses exempt?
yes
are social events exempt?
only if the event is annual and it costs less than £150 per head. If an event costs more than £150, the full amount is taxable. if there is more than one event in the year, the total cost of events less than £150 will be exempt and the other events taxable.
non-cash long service awards are exempt. how many years of service must be done and how much is the max per year of service?
20 years service
max £50 per year of service
awards under a staff suggestion scheme can be exempt. what is the max award?
£5,000
non-cash gifts from third parties can be exempt up to a maximum amount. whats the amount?
£250p.a. per donor
what is the limit for entertainment from a third party to be exempt?
no limit
are removal expenses exempt?
yes, up to £8,000
are payments towards costs of working from home exempt?
yes but need supporting documents if more than £6 per week
how much of personal expenses when working away from home are exempt? if limit exceeded, is all of it taxable?
up to £5 per night in the UK and £10 when abroad. if limit exceeded, all is taxable, not just the excess
is job-related accommodation taxable?
no
