15 August 2007
Our client normally has an annual summer meal/party for her dozen employees. The cost is below the £150 per head exemption provided for in ITEPA 2003, s 264.
The client has read that employees can be given vouchers for a meal instead, completely tax free! She is planning to give all of the employees the option of a £60 voucher to spend on a meal for them and their partner/spouse. Each employee will be able to choose where the voucher may be spent and when they will go for the meal. If any employee does not want a meal voucher they can choose to have £60 cash (paid via PAYE).
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Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
