Thank you Matrix, I didnt realise you could break down a receipt into individual items in order to utilise the trivial benefit allowance....neat! That helps a lot. And yes, Asda items are well below the £50 mark!
Thanks guys for taking time to give me positive feedback and reinforce the way I was thinking and apologies if I have put anyone out having to answer another similiar question because I didn't look before posting. A learning curve about using this forum!
My answers
Thank you Matrix, I didnt realise you could break down a receipt into individual items in order to utilise the trivial benefit allowance....neat! That helps a lot. And yes, Asda items are well below the £50 mark!
Don't forget, any interest paid by the Company, must have tax deducted and be reported on CT61
Thank you, I was way trying to over complicate things!
Thanks guys for taking time to give me positive feedback and reinforce the way I was thinking and apologies if I have put anyone out having to answer another similiar question because I didn't look before posting. A learning curve about using this forum!
Have a nice weekend all.