Employment Income Appendix Flashcards
(24 cards)
living accommodation?
exempt benefit if job related
work buses?
exempt benefit
provision of parking space near work?
exempt benefit
provision of vehicle battery charging near workplace?
exempt
loans < 10,000 pa?
exempt
personal expenses whilst on business?
exempt
mobile phones?
exempt benefit
insignificant private use of a computer?
exempt benefit
one medical check and one health screen per year (not including treatment)?
exempt
cost of medical treatments?
exempt if less than £500 to help employee return to work after injury/illness
childcare facilities (workplace nurseries)?
exempt
pension advice / financial advice?
exempt up to £500
counselling courses on termination of employment?
exempt benefit
free meals in canteen?
exempt if available to all employees
removal expenses?
exempt up to maximum of £8,000
annual social events?
exempt, but capped at £150 per head per year
sports/recreation facilities?
exempt
payments towards cost of working from home?
exempt
need supporting docs if above £6 per week
trivial benefits?
exempt benefit
a benefit is classed as trivial if…
- less than £50
- not cash/voucher
- not provided in recognition of services
taxable benefits are taxed at…
cost to employer
are taxable benefits apportioned for part availability?
yes
are payments made by employee towards taxable benefits deducted?
yes
3 rules for taxable benefits?
- taxed at cost to employer
- time apportion for part availability
- payments made by employees are deducted
