Employee reimbursed expenses
Date: 12th April, 2017 | Author: Cathy Corns | Comments: 0
HMRC is looking at the position on taxation of expenses paid to employees, in particular, the areas where payments are made in respect of pure business costs. It is seeking information on employer practices with a view to re-examining the current tax situation and establishing the position for the future. Accordingly, a call for evidence has been issued which can be found on the Gov.uk website. If you do have five minutes to look at this it would be very helpful if you could reply to HMRC as it is important that all sizes of business are involved as opposed to just the larger ones where processes tend to be more streamlined and systematic.
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