How do long-service awards work? | Tax free gifting

Did you know that there is a tax break for long-service awards? These can be tax free providing they meet the following criteria:
  • The award is non-cash
  • The employee has at least 20 years service
  • The employee has not received a tax free long service award in the previous 10 years
  • The value of the gift does not exceed £50 per year of service.

What better way to celebrate the milestone of 20 years of service than with a gorgeous gift, experience or voucher. Here are some ways that you can treat your long standing employees:

 

A luxury hotel stay 

Give the gift of time and treat someone to a couple of nights away at one of over a hundred luxury hotels across the UK courtesy of Off Peak Luxury. 

 

A spa day and treatment

Who doesn't love a bit of R&R! We have a range of spa day vouchers available that can be redeemed across the UK. If your recipient is based near Reading, treat them to a spa day, treatment and afternoon tea at the Crowne Plaza Reading East

 

A case of Artisan Champagne 

This is not just your usual fizz, Sip Champagnes work with independent growers to bring you the very finest grower Champagnes. 

The Vintage Exploration Case is the perfect collection for someone who truly wants to understand what the essence of a Champagne is and the critical role climate plays.

 

The Sheffield School of Gin Experience 

Know a gin lover? 

Treat them to a visit to the Sheffield Dry Gin emporium, located above the True North Brewery in Sheffield.

Learn all about the history of gin, develop a deeper understanding of botanicals and become an expert in the distillation of gin. The curator will assist you in developing your own bespoke recipe to distil, bottle, and take home. 

 

Need help choosing the perfect gift? Get in touch - hello@treattime.store or call us on 0113 429 2062. 

 

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