Benefits in kind
Benefits in kind are non-cash rewards that an employee may receive from their employer. These are known as “perks” or “fringe benefits”.
The majority of benefits in kind are completely tax-free, with a few exceptions:
- a company car that you can also use for private use
- clothing (however, uniforms or safety gear is tax-free)
- fuel that you can use for your own private car use as well
- basically, items that are not meant for use on the job.
You can find your benefits-in-kind on your P11D.
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