Member Since: 27th Jan 2011
Director Stroud Accontancy and Taxation Services ltd
26th Oct 2016
Hi, according to the the hmrc guidance above vouchers given to employees of less than £50 are ok as trivial benefits providing they cant be cashed. I would therefore advise the client to choose a different store for vouchers if JL ones can be cashed.
Multiple trivial benefits can be given, the £300 annual total applies to directors, but I haven't spotted the annual maximum for ordinary staff is there is one?
7th Oct 2016
Thanks John, no its not as the shares are in a company that hasn't traded in 20 years. The gain is on liquidation and has arisen because the company held some land.