Trivial Benefits – Max Tax Accountants

New Trivial Benefits Exemption from 6 April 2016

Trivial Benefits The new regime for Trivial Benefits in Kind (BIK) came into effect on 6 April 2016 and recently became legislation in the Finance Act 2016. Under the new trivial BiK regime, a BiK provided by an employer to an employee is exempt from tax as employment income if ALL the following conditions are […]

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Category: Trivial Benefits

New Trivial Benefits Exemption from 6 April 2016

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