There is a trivial benefit-in-kind (BiK) exemption that applies to small, non-cash gifts (such as a
Tax and trivial benefits
There is a trivial benefit-in-kind (BiK) exemption that applies to small, non-cash gifts (such as a
The tax you pay on the use of a company car depends largely on its CO2 emissions, so choosing a lower
Using your own car or bike for work travel? You may be able to claim tax relief for business mileage.
If
Use your own vehicle for work? You could be entitled to a tax-free mileage allowance. Make sure you are
Employees using company fuel for private journeys can sidestep a hefty benefit charge by repaying the
Have you set up a suggestion scheme for ideas that could save or earn you money? Employee suggestion
Use a company car for personal trips? Avoid a hefty tax charge by reimbursing your employer for private
Small gifts can mean big tax savings! Use the trivial benefits exemption in 2025-26 to reward employees
A salary sacrifice scheme lets employees swap cash salary for non-cash benefits, saving tax and National