06/08/2026
🎁 DIRECTORS — ARE YOU USING YOUR TRIVIAL BENEFITS?
One of those little tax rules that’s actually quite nice to know about! 😁
If you’re a director of a close limited company, your company can provide you with qualifying trivial benefits of up to £300 per tax year.
The important bits 👇
💙 Each benefit must cost £50 or less
💙 It can’t be cash or a cash voucher
💙 It can’t be a reward for your work or performance
💙 It can’t be something you’re contractually entitled to
Think little treats such as chocolates 🍫, flowers 💐, coffee ☕ or a birthday gift 🎁 — provided they meet the rules.
For directors of close companies, qualifying trivial benefits are capped at £300 per tax year.
Small benefit. Easily overlooked. Definitely worth knowing about! 😉
📌 As always, keep your receipts and make sure the benefit meets HMRC’s conditions.
Need help working out what your company can legitimately pay for? Get in touch with Avantax.
