Expenses and benefits: A to Z
As an employer, you might need to report any expenses or benefits you provide to employees. You may also need to pay tax and National Insurance on them.
Employee expenses and benefits are different from the costs of running a business. Find out if your company can deduct some of these costs when working out taxable profits.
A
Assets made available to an employee
B
Business travel mileage for employees’ own vehicles
C
Cash sum payments to employees
Compensation for injuries at work
Computers loaned to an employee
Coronavirus (COVID-19) tests and equipment
Credit, debit and charge cards
E
Employee liabilities and indemnity insurance
F
H
I
Income tax paid on directors’ behalf
L
M
Meals for employees and directors
Medical or dental treatment and insurance
O
Office and workshop equipment and supplies
Offshore transfers in the oil and gas industries
P
Private use of heavy goods vehicles
R
S
Scholarship for an employee’s family member
School fees for an employee’s child
Sporting or recreational facilities
Subscriptions and professional fees