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Transferring IT equipment to employees

MonkeyJoe3000
Posted Tue, 02 Jul 2024 15:33:11 GMT by MonkeyJoe3000
If we give away old computer monitors (at least 6 years old) to employees when they leave the company, do we need to determine a value (somehow!?) for a benefit in kind? Is there any specific guidance on this process anywhere?
HMRC Admin 25 Response
Posted Wed, 03 Jul 2024 17:13:44 GMT by HMRC Admin 25 Response
Hi MonkeyJoe3000,
Please see this guidance regarding the transfer of an asset.
Work out the value
Thank you. 
 

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