The basic rule is that all benefits provided to an employee by reason of his employment are taxable, unless there is a specific exemption or other rule that means they are not chargeable to tax.

Exemptions

The main exemptions for employee benefits are in ITEPA 2003, Part 4.

Here follows an alphabetical list of the main exempt benefits and a brief description. For full information about the exemptions that apply to the various types of benefit, including any conditions that may have to be met, see the various guidance notes later in this topic.

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