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?
EMPLOYMENT EXPENSES - 14.11.2023
HMRC amends rules for job expenses claims
New form. HMRC has updated its job expenses claim Form P87 . The amended form will available early in 2024 and must be used instead of the current version for claims made on or after 26 February 2024. In early November 2023 HMRC also changed the criteria for using the form. ...
EXPENSES - 26.10.2023
Are phone call charges tax deductible?
Our subscriber recently travelled abroad on business for his company. While overseas he incurred extra mobile phone charges. Can he claim a tax deduction for them?
EXPENSES - 31.10.2023
Deductible director’s entertainment - too good to be true?
You’re the sole shareholder and director of a growing trading company. It’s been a good year and you want to celebrate in style with the employees who helped. Will HMRC allow tax relief if you put the expense of entertaining everyone through the business?
PROPERTY - 26.10.2023
All repair and improvement costs tax deductible?
Recording expenses relating to business premises often causes trouble. If you get it wrong it can mean tax deductions are lost or overstated leading to an HMRC enquiry. How should you approach recording this type of expense?
TAX CASES - 19.09.2023
Accommodation costs not deductible
HMRC v Kunjur. Dr Kunjur (K) was a dentist who accepted a training position to become a specialist. Initially, he commuted to the south London hospital from his home in Southampton, but soon found this unrealistic and tiring. K found accommodation near the hospital where he stayed during the week and some weekends. He claimed the costs of this against his earnings. The First-tier Tribunal (FTT) agreed that the expenses were deductible. HMRC appealed to the Upper Tribunal (UT). ...