EIM06620 - Employment income: exemption for suggestion scheme awards: the permitted maximum: encouragement awards
Sections 321(6) and 322(1) ITEPA 2003
An encouragement award is an award (other than a financial benefit award (see EIM06630)) made for a suggestion with intrinsic merit or showing special effort.
The permitted maximum for an encouragement award, for the purpose of exemption underSection 321, is £25.
See also:
EIM06640 | Employee making more than one successful suggestion. |
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EIM06670 | Employer using scheme to make non-qualifying awards. |