This guide explains your tax and National Insurance contributions (NICs) obligations if you provide a scholarship to an employee's family member.
On this page:
You provide or arrange a scholarship for an employee's child, or for another member of their family or household.
A scholarship is an award, usually made on merit, which supports a student during a period of study. For tax and NICs purposes, the term 'scholarship':
The rules in this section assume that a direct connection exists between the employee's employment with you and your provision of a scholarship to their family member - that is, in general terms the scholarship wouldn't have been awarded if your employee didn't work for you. Different rules apply if there's no such direct connection - see the next section on 'fortuitous' awards.
For employees earning at a rate of less than £8,500 per year, you have:
For company directors or employees earning at a rate of £8,500 or more per year:
The value to use is the cost to you of providing the scholarship.
You provide or arrange a scholarship for an employee's child, or for another member of their family or household. The connection between the employee's employment with you and your provision of a scholarship to their family member is 'fortuitous'.
A scholarship is considered fortuitous in this way if all the following conditions apply during the tax year:
You have:
To check what's included in the £8,500 threshold for P11D reporting purposes, follow the link below.
EIM30001: Scholarships - general