Trivial benefits are small gifts or other perks that a company can give to staff and directors tax free subject to certain conditions.
- Maximum £50 per gift. If the cost is over £50 then THE WHOLE cost is taxable, not just the amount over £50
- Not cash or a voucher
- Not a reward for work or performance
- Not a part of their employment contract
- Maximum £300 per year for directors
Trivial benefits don’t need to be reported on P11Ds as they are not subject to tax or national insurance.
This is a nice way to look after your team and is separate to employee entertaining.