Expenses and benefits: scholarship for an employee's family member
Printable version
1. Overview
As an employer providing scholarships for your employees바카라 사이트™ family members, you have certain tax, National Insurance and reporting obligations.
This also applies to exhibitions, bursaries and other educational endowments.
2. What's exempt
You don바카라 사이트™t have to pay or report anything if the scholarship is 바카라 사이트˜fortuitous바카라 사이트™. This means that there바카라 사이트™s no direct connection between the employee working for your business and their family member getting a scholarship.
A scholarship is fortuitous if all the following apply:
- the person with the scholarship is in full-time education
- the scholarship would still have gone to that person even if their family member didn바카라 사이트™t work for you
- the scholarship is run from a trust fund or under a scheme
- 25% or fewer of the payments made by the fund or scheme are for employment-linked scholarships
3. What to report and pay
If the scholarship isn바카라 사이트™t exempt, you must report it to HM Revenue and Customs (HMRC) and may have to deduct and pay tax and National Insurance on it.
You must:
- report it on form P11D
- pay Class 1A National Insurance on the cost of providing the scholarship
4. Technical guidance
The following guides contain more detailed information: