“A Christmas gift costing more than £50 will count as a taxable benefit for the employees that receive it.
Why not give a non-tangible gift (an extra day’s holiday to go Christmas shopping, team building days or charitable donations) which attracts no tax?”
Download our EQ app and keep up to date with tax news, changes and have access to our EQ Portal, tax calculators and key tax dates at your fingertips. Click on the relevant button on your device to download our free app.
Chartered Accountants
