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Contents

Official guidance
Business Income Manual

BIM47000 · Specific deductions: staffing costs

  • BIM47005 · Restrictive covenants with employees
  • BIM47010 · Incentive awards
  • BIM47015 · Suggestion scheme awards
  • BIM47060 · Health and safety
  • BIM47070 · Employee welfare
  • BIM47080 · Specific deductions - staffing costs: staff training & development
  • BIM47090 · Employer compliance settlements
  • BIM47100 · Share of profits
  • BIM47105 · Payments to dependants and close relatives
  • BIM47106 · Remuneration payments to friends and relatives: wholly and exclusively
  • BIM47107 · Expenses linked to personal interests of a director
  • BIM47110 · Transfer of assets at under value to employees
  • BIM47115 · Employees seconded to charities
  • BIM47120 · Employees seconded to educational establishments
  • BIM47125 · Locums
  • BIM47130 · Timing of deduction
  • BIM47135 · Timing of deduction: remuneration affected
  • BIM47140 · Timing of deductions: returns submitted within the nine month period
  • BIM47145 · Remuneration paid after cessation
  • BIM47150 · Holiday pay
  • BIM47200 · Specific deductions - staffing costs: redundancy payments: general principles
  • BIM47205 · Statutory redundancy payments
  • BIM47210 · Additional payments to redundant employees
  • BIM47215 · Redundancy payments: timing of deductions
  • BIM47217 · Counselling expenses
  • BIM47218 · Retraining expenses
  • BIM47220 · Deductions relating to disguised remuneration
  • BIM47225 · Deemed Employment Payments
  1. Specific deductions: staffing costs: contents
  2. Specific deductions: staffing costs: suggestion scheme awards

BIM47015 | Specific deductions: staffing costs: suggestion scheme awards

From HM Revenue & Customs · Business Income Manual

Some employers operate suggestion schemes and rewards are paid to individuals for successful suggestions. Provided any such award paid is reasonable in amount it is an allowable deduction in computing the employer’s profits for tax purposes.

For the income tax treatment of suggestion scheme awards in the hands of employees, see EIM06600 onwards.

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