What’s a trivial benefit worth to employers?
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What’s a trivial benefit worth to employers?
The tax and NI exemption for trivial benefits is much misunderstood, but nonetheless very useful to employers. When can you use it, what are its advantages and are there any pitfalls to watch out for? As the name implies, a trivial benefit in kind is something that costs employers little which they provide to their employees as a perk of their job. It’s the cost to the employer that is the first hurdle that must be cleared (or rather ducked unde…
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