Dealing with HMRC – policy paper

Income Tax: statutory exemption for trivial benefits in kind

This Tax Information and Impact Note is about abolishing the threshold for benefits in kind.



The measure will introduce a statutory exemption which will allow employers to identify and treat certain low value benefits in kind provided to employees as ‘trivial’. Those benefits in kind will become exempt from Income Tax and National Insurance contributions and therefore not need to be reported to HM Revenue and Customs.