Employee incentives

[Questions&Questions]

Hi

Sales environment, employees given small incentives for hitting targets. Vouchers, make-up, event tickets, that kind of thing.

Are they:

a) tax deductible for the LTD
b) a BIK for the employee?

Thanks....

 

[elaine@cheapaccounting]

the rules are here:

http://www.hmrc.gov.uk/paye/exb/a-z/g/gifts.htm

 

[Questions&Questions]

Arrr, what a star!

Muchas gracias!