EIM06620 - Employment income: exemption for suggestion scheme awards: the permitted maximum: encouragement awards
Sections 321(6) and 322(1) ITEPA 2003
An encouragement award is an award (other than a financial
benefit award (see
EIM06630)) made for a suggestion with
intrinsic merit or showing special effort.
The permitted maximum for an encouragement award, for the
purpose of exemption under Section 321, is £25.
See also:
| EIM06640 | Employee making more than one successful suggestion. |
| EIM06670 | Employer using scheme to make non-qualifying awards. |
