Ahead of the P11D and P11D(b) deadline on 6 July, and in light of Coronavirus, the Government has updated its taxable expenses and benefits guidance. If you provided benefits in kind or non-exempt expenses to employees during the 2019/20 tax
expenses
Home working and tax relief on expenses
In recent years, home working has become increasingly popular. Since the Coronavirus outbreak, it has effectively become the norm for millions of people. If you ‘require’ your employees to work from home, they can – and have always been able to
P11D’s; Have you told us about your health insurance policy?
A health insurance policy that is paid for by you as an employer, on behalf of an employee, is considered to be a taxable benefit in kind by HM Revenue & Customs (HMRC). Subsequently, this benefit should be reported to
Subsistence expenses: Do you know the rules?
Travel and subsistence expenses are an amount paid out to an employee, by their employer, to cover costs associated with official visits or business travel. These expenses typically include travel, food and drink and lodging, as well as other associated