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Claiming for mobile phones
- June 9, 2022
- Posted by: mardenco
- Category: Employee Benefits
No CommentsWhen an employee incurs costs for the provision of mobile phones to employees it is important to understand the correct tax treatment of these expenses. This includes costs for phones provided to
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PAYE settlement agreements
- April 28, 2022
- Posted by: mardenco
- Category: Employee Benefits
A PAYE Settlement Agreement (PSA) allows employers to make one annual payment to cover all the tax and National Insurance due on small or irregular taxable expenses or benefits for their
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On your bike – cycle to work exemption
- March 31, 2022
- Posted by: mardenco
- Category: Employee Benefits
The Cycle to Work scheme was introduced over 20 years ago to help promote the use of healthy ways to commute to work using an environmentally friendly mode of transport.
The scheme allows employers
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Exempt loans to employees
- March 17, 2022
- Posted by: mardenco
- Category: Employee Benefits
An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference between the interest the employee pays, if any, and the commercial
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A reminder of trivial benefit rules
- November 18, 2021
- Posted by: mardenco
- Category: Employee Benefits
We wanted to remind readers of the trivial benefits in kind (BiK) rules. The BiK exemption applies to small non-cash benefits like a bottle of wine, a bouquet of flowers given occasionally to
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Tax treatment of incentive scheme awards
- November 11, 2021
- Posted by: mardenco
- Category: Employee Benefits
Some companies use incentive award schemes to encourage their employees in various ways. For example, to sell more of their own goods and services. The award can include cash-based, vouchers or other
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Make the most of tax-free trivial benefits
- September 30, 2021
- Posted by: mardenco
- Category: Employee Benefits
The trivial benefits in kind (BiK) exemption applies to small non-cash benefits, for example a bottle of wine or a bouquet of flowers, given occasionally to employees.
Although the benefit is defined
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Tax treatment of incentive award schemes
- September 2, 2021
- Posted by: mardenco
- Category: Employee Benefits
Companies use incentive award schemes to encourage their employees in various ways. For example, to sell more of their own goods and services. The award can be in various forms including cash,
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Exempt beneficial employee loans
- June 24, 2021
- Posted by: mardenco
- Category: Employee Benefits
An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference between the interest the employee pays, if any, and the commercial
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Are you taking advantage of trivial benefits?
- June 17, 2021
- Posted by: mardenco
- Category: Employee Benefits
The trivial benefits in kind (BiK) exemption applies to small non-cash benefits like a bottle of wine or a bouquet of flowers given occasionally to employees. By taking advantage of the exemption