When it comes to working from home, it can be difficult to decide what you should and should not be claiming for. As a rule, any expenditure incurred that is wholly and necessary for the purpose of the business is allowable. It should not be capital expenditure or private, although there are allowances available for types of capital purchases.
It is advisable to (more…)
Tags: Allowances, Car allowances, Income tax allowances, Personal allowances, UK expenses, working from home
Posted in popular, UK accounting | 2 Comments »
The provision of a company car is normally considered a taxable benefit for an employee or a director. The company car benefit charge for a full year is obtained by multiplying the price of the car for tax purposes (in most cases, its list price plus accessories less capital contributions) by the ‘appropriate percentage’. (more…)
Tags: Car allowances, Payroll & Benefits, UK company car, UK Employment
Posted in Australia, Canada, France, The Insider, UK accounting, USA | Comments Off
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