Tips & Advice You & Your Business

Turn a supplier’s discount into a tax-free benefit

A friend tells you that instead of discounts from suppliers she asks for extra goods free of charge. As they cost nothing she believes she can transfer ownership to herself without it being taxed as a benefit in kind. Is she correct?

Login with your username and password to access this content.

Annual subscription

I'd like to take out an annual subscription for just £356.

Price: £356 + VAT

© Indicator - FL Memo Ltd • Telephone: (01233) 653500 • Fax: (01233) 647100 • customer.services@indicator-flm.co.uk • www.indicator-flm.co.uk
Calgarth House, 39-41 Bank Street, Ashford, Kent TN23 1DQ • VAT GB 726 598 394 • Registered in England • Company Registration No. 3599719