HC Deb 26 April 1984 vol 58 c609W
Mr. Rooker

asked the Chancellor of the Exchequer if any benefit in kind from an employer is taxable on any employee who is not a director or categorized as higher paid for income tax purposes.

Mr. Moore

[pursuant to his reply, 25 April 1984]: Benefits in kind provided for employees who are neither directors nor "higher-paid" employees for the purposes of part III, chapter II of Finance Act 1976 are assessable to tax when the benefit is convertible into cash; represents the meeting of an employee's pecuniary liability; is provided by way of a "voucher" or "credit-token"; or takes the form of provided living accommodation.

Mr. Rooker

asked the Chancellor of the Exchequer when the definition of higher paid for income tax purposes was last changed; and what would be its value in 1984–85 prices or earnings terms.

Mr. Moore

[pursuant to his reply, 25 April 1984]: The current threshold figure of £8,500 has applied since 6 April 1979. If this figure had been index-linked by reference to the retail price index, its estimated value for 1984–85 would be in the region of £13,000.