Tax Tip 5. How to give your staff a tax free breakfast for riding their bikes

If you designate a few days each year to be “cycle to work” days you can provide a free meal or refreshments to those who have cycled to work. Under general principles such meals are a taxable benefit in kind but regulations exempt them from tax, as long as they are provided on designated “cycle to work” days!!

It’s a great way to encourage your employees to go green and get fit!!

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