vouchers??

gingervicki

hi i wonder if anyone can help.

if an employee is given vouchers as a reward for doing something good at work, how do you report them (if you have to ) to the HMRC

Thanks

burg

Gift vouchers are declarable on form P11d at the payroll year end.

The rules differ depending if the vouchers can be exchanged for cash or not.

See here http://www.hmrc.gov.uk/paye/exb/a-z/v/vouchers.htm#2