Our list of tax-free benefits and perks for employees

Below we have compiled a list of tax-free benefits and perks you can provide an employee. These perks are completely free of tax and National Insurance Contributions (NICs). If you have any queries on any of the points below, please do not hesitate to contact us.
1. Equipment e.g. computers, laptops, iPods
2. One mobile phone or a Personal Digital Assistant (PDA)
3. A bicycle and safety equipment.
4. Refreshments.
5. Breakfast for early starters if available to all staff (see Lunch).
6. Lunch and refreshments while at work.
7. Travelling expenses to temporary workplaces.
8. Subsistence costs when travelling on business.
9. Annual parties and functions.
10. ‘Trivial’ gifts & benefits.
11. Round sum overnight allowances.
12. Free vehicle parking at work.
13. Interest-free borrowing beneficial loan.
14. Employer contributions to company or employee’s own pension scheme.
15. Pensions advice to the value of £500.
16. Recreational benefits.
17. Training and course fees.
18. £6 per week for homeworking
19. Medical and optical check-ups.
20. Low benefit-cost on low emission car.
21. Low benefit-cost on low emission van.
22. A van for commuting.
23. Relocation expenses.
24. Reimbursement of travel costs when coming to work in the UK.
25. Capital growth in your company via EMI options.
26. Staff Suggestion Schemes: £25 to £5,000.
27. Legal fees: employees no longer pay tax on legal support from their employer.
28. Workplace charging facilities for electric vehicles
29. Life assurance policy premiums that provide an employee with death benefit

Need more information?

Do you need further guidance on our list of tax-free benefits and perks you can provide an employee. These perks are completely free of tax and National Insurance Contributions (NICs). We offer a wide range of services which are unique to your business. Our team of chartered accountants have a wealth of experience in a broad range of sectors, from construction and property to the charity sector. Our team work hard to ensure they create smart and effective tax-efficient solutions for start-ups to optimise growth and help them succeed. If you want to learn more about how the team can help or simply want some start-up advice from a trusted accountant do hesitate to contact us. For more information please do hesitate to contact us on 0161 962 1855. Alternatively you can email us using the form below and we will contact you as soon as possible.

Our fantastic team at A&C Chartered Accountants are here to help.

Contact us below

Fields marked with an * are required





    Write a Comment

    Your email address will not be published. Required fields are marked *