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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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  • Home
  • Contact
  • About us
  • Tony Kelly
  • Client Portal
  • Blog
  • Resources
    • Making Tax Digital
    • ClearBooks
    • Paying Dividends
    • Newsletters
    • Client Newsletters
    • Archived Client Bulletins
  • Legal
    • Privacy Notice
    • Terms and Conditions
    • Disclaimer
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