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Chris Smith
Chris Smith

Berg Kaprow Lewis LLP

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Client letter template: UK employment tax, NICs, VAT and corporation tax rules on staff entertainment and gifts to employees and directors (P11D, PSA, trivial benefits, vouchers, long-service awards)
PRECEDENTS
Client letter template: UK employment tax, NICs, VAT and corporation tax rules on staff entertainment and gifts to employees and directors (P11D, PSA, trivial benefits, vouchers, long-service awards)
[ Insert client’s address ] 1 Purpose of this letter This letter sets out how income tax and National Insurance contributions (NICs) apply when staff entertainment (for example, parties) and gifts are provided, and the implications for both employees and the employer. For the purposes of this letter, references to employees also include directors and other office holders, eg the company secretary, of the employing company. 2 Staff entertainment—income tax and NICs treatment Offering a party or staff event to employees will ordinarily create a taxable benefit for each individual, subject to income tax and Class 1A NICs. The benefit must be reported on the P11D, or covered by a PAYE Settlement Agreement (PSA) if one is in place with HMRC. A PSA is used where the employer agrees to settle any income tax and the associated Class 1A NICs arising on the provision of minor or
Tax
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