Documents related to 'Letter to employees regarding trivial benefits'
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Employee personal appreciation gift letterThere are very few circumstances in which an employee can receive tax-free cash from an employer. But a gift made "on personal grounds" or as a "mark of appreciation" might be one of them. How do you go about pro... Read more
27 May 2009
Election to aggregate employer loansNormally, where a company has made a number of loans to a director the taxable benefit for each must be calculated separately. However, an election can be made to aggregate them.cheap rate or zero interest loans Wh... Read more
11 Jun 2018
Termination payment letterWhen making a payment to an employee or former employee relating to the termination of their employment you should provide details of the payment and any tax and NI deducted. They will need this information for their tax rec... Read more
10 Aug 2009
Company van agreementNo taxable benefit in kind arises from making a company van available to an employee if they are not entitled to use it for private journeys and do not actually do so. To avoid the benefit you make an agreement with or set a pol... Read more
16 Apr 2018
Payrolling benefits in kind letter to employeeHMRC usually collects tax on benefits by adjusting an employee's code number so that extra tax is collected, through the PAYE system, each time they are paid salary. Payrolling achieves the same result but... Read more
21 Oct 2016
Employee loan letterWhere an employee or a director owes their employer more than £10,000 at any point during a tax year, a taxable benefit in kind arises. You need to work out the cash equivalent of this. Use this letter to write to any employees w... Read more
12 Apr 2017
Request for HMRC VAT internal review letterHMRC operates a VAT internal review system to resolve disputes without the time or expenses involved with a formal appeal. If you wish to use this facility you should apply in writing to HMRC within 30 days ... Read more
19 Jan 2018
Company dividend voucherWhen your company pays a dividend it should provide each of the receiving shareholders with a dividend voucher as a receipt for their records.Issue a voucherWhile not strictly necessary under company law, it's advisable for a c... Read more
13 Aug 2018
Certificate of annual interest and tax deductedIf your company pays annual interest to an individual it must deduct income tax first and provide a corresponding certificate. certificateInterest is annual if it relates to a debt capable of lasting for... Read more
01 Nov 2022
