Employee benefits can create unexpected tax liabilities – and it’s often the everyday perks, rather than obvious benefits such as company cars or private medical insurance, that cause problems.
In this webinar, our tax experts Andrew Rainford CTA ATT and Rachael Brown CTA are joined by employment tax specialist Jack Bonehill CTA to explore the hidden tax traps surrounding employee benefits and expenses.
They discuss:
- When staff meals, food and social events become taxable
- The rules around trivial benefits and the £50 limit
- Gift vouchers, staff rewards and long-service awards
- P11Ds and PAYE Settlement Agreements (PSAs)
- Common employee benefit reporting mistakes
- How HMRC approaches employer compliance reviews
- Practical controls employers can put in place
- What to do when historic reporting errors are discovered
The session also answers practical questions around late-night taxis, takeaways for employees working late, subscriptions and other everyday expenses.
Whether you're a tax advisor, accountant or part of an in-house finance team, this webinar provides practical guidance to help identify potential employee benefit tax risks and support clients or businesses with HMRC compliance.
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