top-ups of travel cards are also used for non-work Dinner and breakfast when staying overnight Food and drink on work journeys outside normal commute—actual or day rates Travel Expenses For The Self-EmployedIf you’re a sole trader, self-employed, or a contractor, you can claim tax ...
The case concerns claims for tax relief made by an employee on subsistence expenses when travelling for work. It appears that he took the view, after advice, that he had not been fully recompensed by his employer for such expenses and was due further tax relief on the amounts not refunded...
You can claim mileage expenses for the previous 4 years and this year. In general, keeping your tax records for up to 2 years after their file date is recommended. However, this is one of the few examples demonstrating why keeping your tax records longer may benefit you. Can I claim mile...
Security Tokens: Represent rights in a business, like ownership or profit claims. Stablecoins: Pegged to stable assets like fiat currency or gold to maintain value. Tax treatment depends on the token's nature and use, not its type. Be aware that tax guidelines for utility and security tokens...
Please join us at our festive table as we savour the top 10 tax cases of 2024. 19 December 2024Publication LPP claims and standing to resolve disputes A taxpayer did not have standing to bring an application to resolve a dispute over the application of LPP to documents ...
The good news is that the HMRC does state that key person insurance can be tax deductible. This is because essentially it is a company insurance policy similar to any other business insurance. The company owns the policy, pays the premiums and is the beneficiary of any claims. ...
How to relieve post-cessation property business expenses Accountants and volunteers auditing charity accounts could face sanctions for falling foul of their duty to report obligations Fee disputes and speculative claims An assessment of ‘Pay As You Grow’ options Join ACCA’s global practice ...