Give employees gift card rewards tax-free

Did you know you can gift up to £50 in Love2shop Gift Cards to every employee in your organisation without paying any tax or National Insurance?

Businesses like yours can pass on the love while saving up to £48.10 per employee (for higher rate taxpayers) over giving cash. No paperwork, no fee, no additional effort.

Want to know how big your savings could be? Try our free Tax-Free Gift Calculator below to see how much employee gifts could cost you through payroll compared to through Love2shop Gift Cards.

Love2shop Tax-Free Gifts

Tax-Free Gift Calculator

Choose how many gift cards you need and the value of them to see the savings…

Save up to £12,025! *
Save up to £12,025! *

* Savings based on 250 cards for higher tax employees.

Basic Tax Payer Higher Tax Payer
Basic Taxpayer
Payroll
20% Tax & NI Add NI Add Cash Gift Value
Higher Taxpayer
Payroll
40% Tax & NI Add NI Add Cash Gift Value
£0 0% Tax & NI Add £0 NI Add Gift Cards Value

So are gift cards taxable?

That’s where it gets interesting. Love2shop Gift Cards, Contactless Gift Cards and e-Gift Cards are classed as non-cash gifts under HMRC’s Trivial Benefits Allowance, so long as you are only giving them to the value of £50 per employee.

That means giving gift cards can be tax-free! Your employees get the full amount and you avoid additional costs, making a £50 gift exactly that!

In order to be categorised as a trivial benefit, your gifts must not be performance based and there cannot be a contractual obligation for the gift.

Please also note that for gifts over £50, the whole gift is taxable.

Tax-Free Gifts Point 1
Tax-Free Gifts Point 2
Tax-Free Gifts Point 3
Tax-Free Gifts Point 4

The perfect tax-free gift

Love2shop Gift Cards and Contactless Gift Cards are a flexible way to reward employees, accepted in more than 80 retailers online and in-store . Love2shop also offers an extended catalogue of e-gift cards, which cardholders can access by exchanging their balance at love2shop.co.uk.

With a range of branding, personalisation, payment and delivery options available, Love2shop is the ideal way to thank your workforce.

Tax-Free Gift Card Exchange

Ready to enjoy tax-free gifting?

If you want to deliver meaningful, tax-free gifts to your workforce without paying extra, get in touch with the Love2shop team today.

Themed cards

Order themed gift card designs

Payment options

Pay by a variety of
means

Digital

Buy alternative gifts, such as digital reward codes

Invoices

Produce invoices and view order history

Credit account

Set up a credit account (subject to approval)

Ready to enjoy tax-free gifting?

If you want to deliver meaningful, tax-free gifts to your workforce without paying extra, get in touch with the Love2shop team today.

Themed cards

Order themed gift card designs

Payment options

Pay by a variety of
means

Digital

Buy alternative gifts, such as digital reward codes

Invoices

Produce invoices and view order history

Credit account

Set up a credit account (subject to approval)

Please seek your own tax advice

*Whilst we have produced this information to try and assist you, we are not tax advisors and so it is for general guidance only and you must verify the position yourself with your independent tax advisor.

The information provided is “as is”, with no guarantee of completeness, accuracy, timeliness or of the effect of the use of the information, and without warranty of any kind, express or implied.

We have attempted to ensure that the information provided has been obtained from reliable sources, we are not responsible for any errors or omissions, for the effect of the use of such information or if the tax position changes.

In no event will we, or our employees, be liable to you or anyone else in any way for any decision made or action taken in reliance on the information.

Send us an enquiry

Hidden

Next Steps: Sync an Email Add-On

To get the most out of your form, we suggest that you sync this form with an email add-on. To learn more about your email add-on options, visit the following page: (https://www.gravityforms.com/the-8-best-email-plugins-for-wordpress-in-2020). Important: Delete this tip before you publish the form.

We shall update you about other products/services that either we or other carefully selected companies offer and which are similar to those you have purchased, enquired about or entered a prize draw for.

Opt out
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
By clicking “submit” you confirm that you have read, understood and accept our website T&Cs, privacy policy and cookie policy. * Required field
Scroll to Top
Skip to content