Previously, there was no minimum cost threshold below which benefits were disregarded for tax purposes. This changed on 6 April 2015. From this date ‘trivial’ benefits are disregarded and no longer have to be reported on the dreaded PIID (Return of expenses payments and benefits). So what is a trivial benefit? The conditions for the … Continue reading Trivial Benefits – A New Exemption
Just take a few moments to consider your work force...(No, I am not suggesting replacing Cheryl Cole...) Do you value your employees? Do you wish to retain staff? If so, have you considered a flexible benefits package? Such packages improve staff motivation just by the offering of them, and show that you are a caring … Continue reading Because They’re Worth It!