Clothing: Fringe Benefits
(asked on 4th October 2024) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether gifts of clothing are a taxable benefit in kind.
This question was answered on 9th October 2024
The normal rules for employment-related benefits apply to employment-related gifts, as described in HMRC guidance at https://www.gov.uk/hmrc-internal-manuals/employment-income-manual/eim20020