Tax-Free Virtual Christmas Parties Okayed By HMRC
On 20 November, HMRC confirmed that they will accept a virtual Christmas party (particularly one that includes a party box) as an event which is capable of falling within the tax and NIC exemption for annual functions
OTS Review Of Tax Related Claims And Elections - New Report
Almost all of the UK’s 1,190 tax reliefs require that the taxpayer makes a claim to receive the relief. The OTS has recommended a number of improvements in a new report ‘Claims and elections review: Simplifying administrative processes’
21 October 2020
Over 50,000 Tax Relief Claims From Those Working From Home
Employers are able to pay employees up to a maximum of £6 per week tax-free, to cover additional costs they may have incurred as a result of working from home. Where employers have not paid their employees the home expenses payment, individuals can claim this tax relief through a new online portal. In excess of 54,800 claims have been made between 1 and 11 October 2020.