Are gift vouchers taxable? | AccountingWEB

Are gift vouchers taxable?

My employer gives all employees gift vouchers to a value of £30 each at Christmas. This year they have been taxed through the payroll, but I thought that the Inland Revenue allowed employee gifts of about £75 per employee before tax is payable. Am I Wrong? Any advice would be appreciated.

Roz Callaghan

There are 8 comments. Login or register to view them.

£150 exemption only applies to gifts from 3rd parties

AnonymousUser |

Tax Free gifts

Abacjm |

Tax free gifts

halesir |

M & S Vouchers

halesir |

Vouchers at Christmas

cwca |

Be careful Ann

AnonymousUser |

Vouchers - taxable or not

Anonymous |


NeilW |