Empowering Ambitious Growth-Focused Businesses (£1m+) with Strategic Financial Insights for More Cash, Higher Profits, and Less Stress | CEO of Crisp Accountancy
Meals for people who are out of the office can be reimbursed or paid for… But what about tea, coffee, and their essential winter accompaniment – the biscuit? Good news – the biscuits are covered! Tea, coffee, and your favourite baked dipping treat are tax-free and expected by most employees. But this is where it can get interesting. Did you know that the company can install a good old-fashioned canteen and provide meals, tax-and NI contribution free? It’s true. In fact, you don’t need a canteen – if the company shouts everyone lunch on the premises and it’s on a reasonable scale… It’s tax-free. HMRC is particularly vague about this too, which is a good thing for you. You can have paid-for lunch for everyone every day of the year if you like, and you won’t face any awkward questions unless there is clear evidence that you’re overdoing it. Team lunch anyone!? #Meals #Team
