These are small gestures available for employees or company directors. No tax or National Insurance is payable and you don’t need to let HMRC know.
If you’re a director of a close company (less than 5 shareholders) you can receive trivial benefits up to £300 per tax year. There is no limit for employees.
Trivial benefits criteria:
- Must cost £50 or less to provide.
- Must not be cash or a cash voucher.
- Must not be reward for performance or work done.
- Must not be in the terms of your contract.
Examples include: £50 gift cards for a favourite shop or restaurant, flowers to celebrate an occasion, chocolates or even a hamper.
These are easy ways to show appreciation, boost morale and encourage team culture.
For further details have a read of HMRC guidance
https://www.gov.uk/expenses-and-benefits-trivial-benefits