This is a reminder that from 6 April 2016, benefits are exempt from tax and NICs if all the following conditions are satisfied:

· the cost of providing the benefit   does not exceed £50;

· the benefit is not cash or a cash voucher;

· the employee is not entitled to the benefit as part of their employment conditions; and

· the employer does not provide the benefit in recognition of particular services provided by the employee

Where the employer is a close company and the benefit is provided to an individual who is a director or other office holder of the company (or to a member of their family or household) the exemption is capped at a total cost of £300 in the tax year.

As with all of our tax tips and web pages this information is necessarily summarised and of a general nature.  If you would like detailed specific advice please contact us.