Practical points 2019 - Employment tax
Guidance from ICAEW's Tax Faculty for practitioners on the latest developments in policy, practice and legislation related to employment taxes, including: benefits and expenses; company car tax; national insurance; PAYE and real-time information; and taxation of intermediaries.
HMRC has issued advice to employers in Employer Bulletin issue 79 to remind them of the conditions for the trivial benefits exemption to apply. It is not an automatic exemption for all benefits below £50; the following conditions must also be met:
HMRC suggests that employers ask themselves the following questions: