At the start of the pandemic the Chancellor announced that the July 2020 payment towards the 31 January tax bill could be deferred until 31 January 2021. For many people this leaves a rather large balancing payment just after a lockdown and Christmas.
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A number of restaurants and take aways have become pretty clued up at home delivery service or indeed delivering restaurant meals for you to reheat. Why not use a £50 trivial benefit to send something like this to an employee (or indeed yourself if you are an employee) – remember maximum 6 of these benefits per year and it must never exceed £50. A well known restaurant chain is doing a menu where you can get food for 2 (sometimes with house wine) by mail order costing less than £50 including delivery!
If that doesn’t work for you or your employees a gift upto £50 for Christmas is perfectly allowable. Don’t go over the allowance! You can’t get the VAT back on the gift.
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