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sir i did not understand the following things
1.long service awards upto 50 per each year of service (maximum 20 yrs)
2.qualifying relocation and removal expenses up to 8000If christmas parties etc for staffs is above 150 per person, does employee have to pay tax?
1. As a reward for long service of an employee the employer can make a tax free payment to the employee of the amounts stated, for example to reward 25 years of service the employer may make a tax free payment to the employee of the maximum £1,000 (20 years x £50)
2. If an employee is for example relocated to a different part of the organisation then removal expenses up to a maximum £8,000 may be paid by the company without any benefit being assessed. If for example the employer paid for £10,000 of removal expenses of an employee when moving to a different geographical location, an assessment of £2,000 (10,000 – 8,000) would arise
3. Yes, if amounts incurred in employee entertainment exceeded £150 then the employee would be taxable on the excess above 150
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