Customers can also claim by post by printing off a form and by phone if their total expenses are less than £1,000 or £2,500 for professional fees and subscriptions. Call 0300 200 3300 (Monday to Friday: 8am to 8pm; Saturday: 8am to 4pm; Sunday: 9am to 5pm).
Eligible employees will be paid tax relief at the rate of pay that they pay tax. For example, if they spend £60 and pay tax at a rate of 20% in that year, the tax relief they can claim is £12.
The majority of claims are for repairing or replacing tools and branded uniforms, professional subscriptions and mileage. Healthcare workers, people in food and retail and those in the construction industry are among the top professions to claim from HMRC.
Customers may be able to claim tax relief on the cost of:
• repairing or replacing small tools needed to do their job (for example, scissors or an electric drill) • cleaning, repairing or replacing specialist clothing (for example, a branded uniform or safety boots) • business mileage (not commuting) • travel and overnight expenses • professional fees and subscriptions.
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Electric vehicle charge points 9 November 2018
Budget 2018 announced that the government will extend Enhanced Capital Allowances (ECAs) for electric vehicle charge points to 31 March 2023.
This will help achieve the government’s ambition for the UK to become a world-leader in the ultra-low emission vehicle market.
Reform to workplace charging tax exemptions HMRC has recently updated the draft guidance for employers providing electric charging points for employee use. The updated guidance will be of interest to employers that provide facilities for workplace charging of electric and plug- in hybrid vehicles. The exemption for workplace charging is published in the Finance Bill 2018 to 2019 and has effect from 6 April 2018. The exemption covers: • the cost of electricity • the cost to the employer of providing the charging facilities • any connected services The recently published draft Finance (No.3) Bill 2018 also authorises to make the provision (including provision having retrospective effect) for an exemption from income tax in respect of benefits consisting of the provision of facilities for employees for charging a vehicle battery at or near their workplace.
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No time like the present – Christmas parties and turkeys 12 December 2018
There are different rules for what you have to report and pay depending on the type of expense or benefit you provide for your employees around the festive season.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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