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A G Kelly Ltd – Chartered Certified Accountants

A G Kelly Ltd – Chartered Certified Accountants

Banbury 01295 700026 High Wycombe 0800 246 1888

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Category: Tax tips

Trivial benefits – up to £300 in tax year

Directors of small companies can receive tax free benefits of up to £300 in a tax year. However, the benefits are limited to £50 a time.

A meal out for the director and his wife/partner might cost £45. Consider using your trivial benefit allowance before the 5th April.

 

 

 

 

Author tonykellyPosted on 27 February 201827 February 2018Categories Tax tipsLeave a comment on Trivial benefits – up to £300 in tax year

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2002 – 2022
Tony Kelly
Quickbooks Certified ProAdvisor
Clearbooks Certified Partner
Association of Chartered Certified Accountants
Making Tax Digital ProAdvisor
Jeffersons Banbury
High Street, High Wycombe
Fine Lady, Banbury
  • A G Kelly Ltd – Home Page
  • Blog
  • Contact
  • Tony Kelly
  • About
    • Why Use Us
  • Client Portal
  • ClearBooks
  • Making Tax Digital
  • Paying Dividends
  • Services
  • Client Newsletters
  • Archived Newsletters
    • Newsletters
    • Archived Client Bulletins
  • Terms and Conditions
  • Disclaimer
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