Within guidance, HMRC confirms how to proceed when returning office equipment. If the equipment is provided by the employer, so they have supplied employees with office equipment in order to enable them to work from home, there is no tax charge when they return the equipment back to the employer, as long as there is no transfer of ownership. If an employer does transfer ownership of the equipment to an employee, then this becomes an employee benefit. The charge must be calculated on the market value of the equipment at the time of transfer, minus any amount made good by the employee. If an employee bought their own home office equipment to use when working from home and an employer has reimbursed the exact expense, then unless the employer has specified that the employee must transfer the ownership to them then the equipment is owned by the employee. There is no benefit charge on the reimbursement, and no benefit charge if the employer allows the employee to keep the equipment, as it is something that they already own. Updated guidance confirms that, if employers pay for travel and subsistence expenses for employees travelling to temporary workplaces, if an employee was furloughed whilst travelling to a temporary workplace then the period of furlough forms part of that period of continuous work. A period of working from home is also counted as part of the period of continuous work. However, the workplace ceases to be temporary from the date that attendance there is expected to exceed 24 months. Tax and National Insurance (NI) contributions will at that point become liable on payments of any travel and subsistence expenses.
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Approved professional organisations and learned societies (list 3) 3 July 2020
HMRC has updated the list of professional bodies and learned societies (also known as List 3) with tax-deductible fees.
For some professional organisations, members can claim tax relief on fees or subscriptions.
List 3 shows all organisations whose members qualify for a tax deduction on professional fees and subscriptions pertaining to that organisation.
The list is updated periodically, and includes all bodies approved by the commissioners for HMRC.
HMRC has confirmed that there has been one amendment to the list, which is as follows:
Amendments
The name of 'Water Officers Institution of' has been changed to 'Institute of Water’.
Professional organisations can apply for approval for tax relief using form P356.
CIPP comment
The CIPP appears on list 3, which means that any self-funding members can claim tax relief on their membership fees. The CIPP is listed under ‘P’ under the title ‘Payroll Professionals Chartered Institute of (new title from 10 November 2010 formerly Institute of Payroll Professionals)’.
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Tax treatment of COVID-19 tests and Personal Protective Equipment 7 July 2020
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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