An employer provides each of its employees with a bottle of wine costing £25 at Christmas. However, as an alternative, it provides employees who do not drink alcohol with a £25 gift voucher for a national supermarket chain which they can exchange for an alternative non-alcoholic Christmas gift. Both the bottle of wine and the non-cash gift voucher can be covered by the exemption.
At KJG we have a team of tax experts with a wealth of knowledge. Should you require tax advice for either yourself or your business please feel free to call us on 0161 832 6221 or e-mail email@example.com.