Article Database

Search results: 17 article(s) found in topic: Travel - keyword: Tax

Sorted by checked relevancepublication date

TAX

New rules for employee travel allowances

TAX - EXPENSES

A working holiday - is it tax deductible?

Your summer holiday happens to be in a location near to one of your major customers so you’ve arranged a couple of business meetings in the course of your trip. Can you claim tax relief for a proportion of your travel costs? More...

TAX - EXPENSES

Is the cost of travelling to a board meeting tax exempt?

A director lives 200 miles from his company’s head office and stays overnight in a hotel when attending board meetings. If the company pays for this will it count as a taxable perk for the director or is it exempt? More...

TAX - EXPENSES

Extended business trips and tax deductions

You’re working on a long contract which keeps you away from home during the week. Rather than stay in a hotel you rent a flat to keep costs down. As it will be empty at weekends do you have to restrict the tax deduction? More...

VAT - CARS

VAT on home-to-work travel

The tax Tribunal considered whether the special VAT charges relating to fuel apply if fuel paid for by the business is used by employees for travel to and from home and their employer’s premises. What was the outcome? More...

TAX

HMRC’s new rules on travel expenses

From 6 April 2016 some directors and employees won’t be allowed to claim tax relief on certain business-related travel expenses. How might this new rule affect you and your company’s tax position? More...

TAX - EXPENSES

Subsidised commuting - what are the tax advantages?

The cost of travel to and from your normal place of work isn’t a tax-deductible expense. However, there are tax breaks for subsidising or paying for your employees’ commuting costs. What are they and how do they work? More...

CARS

Mileage allowances under threat from HMRC

We’ve been tipped off that HMRC is looking for easy targets to investigate and mileage allowances are near the top of its list. What steps can you take to ensure that you’re fully protected against an attack from the Taxman? More...

EXPENSES

Cut your admin and save tax on foreign trips

HMRC recently updated its benchmark allowances that apply when directors or employees travel abroad on business. In what circumstances can you pay these and how can they reduce your and your company’s tax and NI bills? More...

EXPENSES

Tax-free late night travel for directors

Your accountant has handed you the firm’s P11Ds to look over before they’re sent to HMRC. Yours includes several taxi fares for journeys home late at night after board meetings. Will you have to pay tax on these? More...
Last updated: 14.12.2018

More from Indicator - FL Memo Ltd