At SydneyHudson, we hope you find this list useful – You can provide an employee with any combination of the following perks completely free of tax and National Insurance Contributions (NICs):
- A mobile phone or a PAD.
- Equipment e.g. computers, laptops, smartphone
- A bicycle and safety equipment.
- Refreshments.
- Breakfast for early starters if available to all staff (see Lunch).
- Lunch and refreshments while at work.
- Travel expenses: to temporary workplaces.
- Travel expenses: late-night working/car sharing failure.
- Subsistence costs when travelling on business.
Works’ ‘canteen’, this can be on any scale from the provision of a stocked fridge or a sandwich trolley or a full canteen. On employer’s premises, only tax-free if available to all employees. (not to the same place daily). - Annual parties and functions.
- ‘Trivial’ gifts & benefits. £300 annual limit for officeholders and their family. Each benefit not to exceed £50.
- Round sum overnight allowances.
- Free vehicle parking at work.
- Interest-free borrowing beneficial loan Up to £10,000 p.a. no tax charge. You can use this to subsidise travel.
- Employer contributions to company or employee’s own pension scheme.
- Pensions advice to the value of £500.
- Recreational benefits. Free or subsidised membership of employer facility or one shared with other employers.
- Childcare vouchers, or a workplace nursery.
- Training and course fees.
- £6 per week for home-working.
- Medical and optical check-ups. General check-ups as part of employer policy.
- A pool car.
- Low benefit-cost on low emission car.
- Low benefit-cost on low emission van.
- A van for commuting.
- A personal number plate. May be included with a company car.
- Relocation expenses. Up to £8,000 may be reimbursed.
- Reimbursement of travel costs when coming to work in the UK/Overseas.
- Capital growth in your company via EMI options.
- Staff Suggestion Schemes: £25 to £5,000.
- Legal fees: employees no longer pay tax on legal support from their employer.
- Workplace charging facilities for electric vehicles (from 6 April 2018).
- Job-related accommodation.
- Long service awards for at least 20 years of service: max £50 per year of service.
- Life assurance policy premiums that provide an employee with death benefits.
- Premiums paid to a QROPS (Overseas pension schemes) that provides retirement benefits are tax-exempt benefits.
