EXPENSES - 29.11.2023
Handling mixed-purpose travel expenses
Your company pays for an employee’s business trip which lasts a few weeks. The employee uses his downtime to make sightseeing trips. Does this private purpose mean that your company has to treat any part of the expense as taxable?
NATIONAL INSURANCE - 29.11.2023
HMRC invites claims for NI refunds
HMRC concedes defeat. Following its defeat at the Upper Tribunal (UT) ( yr.23, iss.21, pg.5 , see The next step ), HMRC has issued a statement which seems to lay to rest its long-running dispute with employers who pay their employees’ car allowances . The statement accepts the UT’s ruling that the allowances can be disregarded as earnings when calculating NI contributions. ...
NATIONAL INSURANCE - 31.10.2023
Is NI payable on car allowances?
Two businesses paid their employees’ car allowances. They said no NI was payable on these to the extent the cars were used for business. HMRC argued the payments were just earnings and so liable to NI. How did the Upper Tribunal (UT) rule?
CARS - 17.10.2023
Electric vehicle charging, what’s new?
HMRC has changed its guidance on electric vehicle (EV)charging costs. As an employer if you followed HMRC’s original guidance, what steps should you take now?
NATIONAL INSURANCE - 03.10.2023
NI and the car allowances case
Two businesses both paid their employees’ car allowances and believed no NI was payable on these. HMRC argued the payments were just earnings and so liable to NI. How did the Upper Tribunal (UT) rule and what can you learn from this?
EXPENSES - 03.10.2023
Home charging of electric company vehicles
Whilst HMRC’s guidance has always been clear with regards to workplace electric vehicle charging and that, regardless of ultimate business/private mileage, this did not constitute a benefit, its guidance on home charging has been somewhat muddier. HMRC had suggested that when the director/employee has paid for electricity up front, and are then reimbursed, this should be taxable as earnings, therefore subject to tax and NI. As a result, the Institute of Chartered Accountants in England and Wales has been in consultation with HMRC and it now accepts that no benefit will arise....