Exemption for employer-provided coronavirus antigen tests #COVID19

A new temporary exemption is being introduced to make sure that employees who are given a relevant coronavirus antigen test by their employer, will not be liable to an Income Tax benefit in kind (BiKs) charge. The exemption applies to any relevant coronavirus antigen test provided by an employer, on or after 8 December 2020, … Continue reading Exemption for employer-provided coronavirus antigen tests #COVID19

Virtual Christmas staff events – tax exemption status confirmed

HM Revenue and Customers have indicated the following, guidance will be updated shortly. Having considered the scope of section 264 ITEPA 2003 (annual parties exemption), [HMRC] are pleased to confirm that the exemption will apply to the costs associated with virtual parties in the same way that it would for traditionally held, parties. Therefore, the … Continue reading Virtual Christmas staff events – tax exemption status confirmed

Employer provided flu jabs – taxable benefit? It depends!

Times continue to be very strange with the #COVID19 pandemic. The number of U.K. citizens who qualify for a free flu jab has increased and more employers are facilitating the provision of the flu jab to employees either in the workplace or by other means. So generally medical treatment provided and paid for by the … Continue reading Employer provided flu jabs – taxable benefit? It depends!