At Space2B we offer non-cash vouchers as an incentive for recommending our services. Below is an example of what you could receive for referring a client to us.
OFFICE SIZE 1-2 Person REWARD VALUE £250 NET BENEFIT £175
OFFICE SIZE 3-4 Person REWARD VALUE £500 NET BENEFIT £350
OFFICE SIZE 5-6 Person REWARD VALUE £750 NET BENEFIT £525
OFFICE SIZE 7-8 Person REWARD VALUE £1,000 NET BENEFIT £700
Terms & Conditions
Payable after month 3 of occupation.
HM Revenue and Customs (HMRC) regard the provision of such rewards to third parties as taxable benefits. However, The Maltings has made an arrangement with HMRC in accordance with which we will meet the basic rate tax and employer’s national insurance contributions due on the value of the provision of the voucher via a Taxed Award Scheme. No employee national insurance contributions are payable under this agreement. We will provide you with a certificate showing the gross value of the award and tax paid. For basic rate taxpayers there will be no further tax liability.
Please note that higher or additional rate tax recipients are responsible for declaring any additional liability to HMRC. Please see the example illustration of the net benefit to the individual.
To find out more information talk to our team today (029) 20 46 20 45 or email email@example.com