Cost of Living Support

[IANL]

An accounting question related to giving some employee support during the cost of living crisis we are in.

I am aware that you can make small gifts to employees outside of tax, whilst there is no limit to the number, At what point would it be regarded as a series and fall out of the trivial benefit.

I am lookingat giving a voucher for a supermarket that could be used for either fuel or goods. Whilst this Cost of Living crisis exists

Any ideas on how these could be done (should be done) Or any other ideas?

TIA

 

[WaveJumper]

Tax-Free Vouchers For Employees: UK Guide

Learn how to give tax-free gifts to employees in the UK, including vouchers, trivial benefits, and tips to stay HMRC compliant!

thegoodnessproject.co.uk

 

[MyAccountantOnline]

An accounting question related to giving some employee support during the cost of living crisis we are in.

I am aware that you can make small gifts to employees outside of tax, whilst there is no limit to the number, At what point would it be regarded as a series and fall out of the trivial benefit.

I am lookingat giving a voucher for a supermarket that could be used for either fuel or goods. Whilst this Cost of Living crisis exists

Any ideas on how these could be done (should be done) Or any other ideas?

TIA

Have a read here https://www.gov.uk/expenses-and-benefits-trivial-benefits