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Posted Sun, 05 Jan 2025 21:05:44 GMT by Colin Smith
If a limited company is an investment rather than a trading company, can the directors still claim trivial benefits?
Posted Fri, 17 Jan 2025 12:58:27 GMT by HMRC Admin 13 Response
Hi Colin Smith
Information on trivial benefits is available at Tax on trivial benefits which sets out the conditions for this exemption to apply.  
More detailed guidance including examples is available in the HMRC Employer Income Manual at EIM21868 - Particular benefits: exemption for trivial benefits – conditions to be satisfied – not in recognition of particular services (from 6 April 2016) - HMRC internal manual onwards.  
If having considered all available guidance you are still uncertain as what tax treatment to apply you may consider making a non statutory clearance application.  
Guidance can be found at Find out about the Non-Statutory Clearance Service.
Thank you.
 

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