As I understand it if a company provides an employee (of another company) with a benefit in kind (ie he is a guest at a sporting event/benefit dinner etc) the host should provide them with a summary of the cash equivalent of the benefit provided. (reg 95 SI2003/2682)
Presumably the recipient should then enter the details on his SA return
There is a "did any of your employees receive benefits from third parties" box on the P35 - but how would the employer know?
There seems to be a lack of control over this area (except employee honesty)
Is the above an accurate summary of how it should work? (or does no one bother!)
Confused
David