Market leading insight for tax experts
View online issue

News

Subsistence rates
 
HMRC Brief 24/09 issued on 2 April (see http://www.lexisurl.com/HwvDP) introduces an advisory system of benchmark scale rates which employers can use to make subsistence payments free of tax and National Insurance contributions to employees who incur allowable business travel expenses. The new advisory system which will be implemented from 6 April 2009 only covers benchmark scale rates for day subsistence payments. Employers that wish to pay subsistence to employees who have to stay overnight can either reimburse the actual cost incurred by the employee or agree a tailored scale rate to cover meals and other expenses in a dispensation with HMRC.
Cars
 
HMRC Brief 20/09 issued on 1 April 2009...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top