By Andrew Jones | 17 October 16 | In: Tax News
HMRC has provided further guidance on the treatment of non-deductible and non-exempt expenses in the October 2016 release of it’s Employer Bulletin.
By Graham Whitehouse | 1 March 16 | In: Tax News
In February, draft guidance was published on a new exemption for low value benefits in kind (‘trivial BiKs’) to be included in the Employment Income Manual (EIM). The draft legislation for exemption for trivial benefits in kind is to be included in Finance Bill 2016 (FB16).
By Graham Whitehouse | 20 August 13 | In: Tax News
When dealing with car usage, employers have the ability to report a period of ‘unavailability’ of a car that is allocated to an employee. However, caution needs to be applied when considering the use of this option, as HMRC has some strict guidelines for the term unavailable, which say that a car can be defined as unavailable in three main ways:
By Graham Whitehouse | 25 January 12 | In: Tax News
Drivers of a low emissions company car could face tax increases of up to 60% as HMRC removes flat charge on low emission cars.