Vouchers

Vouchers

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Client wants to pay £100 in Asda Vouchers - rather than additional salary as a bonus is this 'tax efficient'

Sorry it is brief - tax season !!

Any thoughts
Andrew Smith

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By dggriffin
12th Jan 2006 13:13

Benefits employee not employer
Treated as a benefit in kind and therefore reportable on P11D on which Class 1A NI is due from employer. Employee obviously taxed but saves NI.

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