If the gift extends beyond one of the items mentioned, you will need to consider the contents and costs before being able to determine if the benefit is trivial. Use your judgement but remember you will need to justify your decision to HMRC.
This summary is based on our understanding of HMRC guidelines and may not apply to your circumstances. Each case must stand scrutiny by HMRC who have the final say in what is acceptable.
Contact us on 01773 747990 for specific advice relating to your personal situation.
Accounting Matters - The Friendly Face of Accounting.
Member since: 10th July 2012
Hi, I'm Sarah. I've lived in Heanor with my family for over 10 years and I'm passionate about our beautiful little corner of this historical county. If you know of something that's great about our area,...