Benefit-In-Kind ...

tigerlily

Can people not just be thankful for what has been given to this point? Its more than most have been given. Why does it seem that there is always an "its not fair" winge to everything. Sorry to rant but so many seem to think that things should be handed to them on a silver platter (and I'm not just talking sandwiches!) Rant over!!

Benefits_2

viktory wrote: »

I get a full roast at work for £3.50

Daily, there is a choice of about 3 hot meals, omelettes made to order, fish, jacket potatoes or hot, freshly cooked baguettes. Mmmm.

You're liv'in the dream my friend... :beer:

MUMMYTO2BOYS

As the old saying goes.......

There's no such thing as a free lunch.

Well, there was, but now there isn't.

A subsidised canteen would still be better than most have access to.

Benefits_2

tigerlily wrote: »

Can people not just be thankful for what has been given to this point? Its more than most have been given. Why does it seem that there is always an "its not fair" winge to everything. Sorry to rant but so many seem to think that things should be handed to them on a silver platter (and I'm not just talking sandwiches!) Rant over!!

Not at all, it's not a rant. I actually thought I might get some practical advice... if this was a question about the company pulling or changing the pension scheme then would your response be the same... I don't know and guess I never will.

When I took the job it was one of the factors that drew me to the company, you know... salary ok, work type ok, promotion possibilities... excellent, nice environment... bonus, lunch supplied... result. If I would have gone somewhere else I would have had to pay, yes like the majority of employees, but in real terms it's saved me hundreds over the years. So of cause I'm a little !!!!ed that this might be taken away, surly that's understandable... no?!

Anyhow, I think I’ve got the general census of people here... a handful of replies from people who may actually know something (to those few thank you) but the rest of them are just the classic kind of spiteful responses you’d expect from people who are bitter or jealous.

Either way it was worth a go to try and help my colleagues out... oh and I won’t bother coming back to read anymore.

MUMMYTO2BOYS

Benefits wrote: »

Not at all, it's not a rant. I actually thought I might get some practical advice... if this was a question about the company pulling or changing the pension scheme then would your response be the same... I don't know and guess I never will.

When I took the job it was one of the factors that drew me to the company, you know... salary ok, work type ok, promotion possibilities... excellent, nice environment... bonus, lunch supplied... result. If I would have gone somewhere else I would have had to pay, yes like the majority of employees, but in real terms it's saved me hundreds over the years. So of cause I'm a little !!!!ed that this might be taken away, surly that's understandable... no?!

Anyhow, I think I’ve got the general census of people here... a handful of replies from people who may actually know something (to those few thank you) but the rest of them are just the classic kind of spiteful responses you’d expect from people who are bitter or jealous.

Either way it was worth a go to try and help my colleagues out... oh and I won’t bother coming back to read anymore.

Or maybe just realistic?

Chocforever

In case you do come back, I was just wondering how this worked. The free lunch would always have been a taxable benefit, but employers can agree with HMRC to settle the tax on your behalf so you have no cost. I wonder if they are saying they will still pay for the lunch, but you have to settle the tax, so it is like having a subsidised meal. It may be that this change has been brought about by an unfavourable settlement with the tax man. Anyway, where I am going with this is that you might not have a change in contract - your employer is still providing a lunch, it's just they are not settling your tax. Unless there is something in your contract to cover this sort of tax dispensation (which would seem unlikely), I doubt there is much you can do.

CF

barnaby-bear

Benefits wrote: »

oh.. so you wouldn't complain then if part of your salary was taken away then. As effective that's whats happening?!

Surely this is a benefit in kind above the £50 (?is) used to be limit for coffee/biscuits and each employee will need ot be submitting a tax return and paying tax on the free lunch....

barnaby-bear

Chocforever wrote: »

In case you do come back, I was just wondering how this worked. The free lunch would always have been a taxable benefit, but employers can agree with HMRC to settle the tax on your behalf so you have no cost. I wonder if they are saying they will still pay for the lunch, but you have to settle the tax, so it is like having a subsidised meal. It may be that this change has been brought about by an unfavourable settlement with the tax man. Anyway, where I am going with this is that you might not have a change in contract - your employer is still providing a lunch, it's just they are not settling your tax. Unless there is something in your contract to cover this sort of tax dispensation (which would seem unlikely), I doubt there is much you can do.

CF

Can they settle the tax on an employees behalf - I thought that in itself was a taxable benefit

Jomo

I used to get free parking many moons ago but that was changed and had to start paying, although it was subsidised so was still happy for that.

Some things you have to appreciate for as long as you benefit from them but your employers aren't obligated to provide them forever.

Maybe their suppliers prices went up and it wasn't feasible to continue giving lunch away. At least they have subsidised the food and you aren't paying extortionate prices that some of us have to pay!