The Importance of getting ‘It’ Right
Recent Tax Cases reinforce the message : Get Advice : Get It Right : Document It. The case of D. George shows the common promise of “you will be looked after on a third party …
Changes to Tax Benefits and Expenses Rules – Reminder
From April 2016 the rules on reporting of expenses and benefits are due to be reformed. Previously, expenses reimbursed to employees that were wholly, exclusively and necessarily incurred by the employee in the performance of …
Private Expenditure and The Importance of Keeping Records
A recent tribunal case (D White v HMRC) again highlighted the importance of keeping accurate records for tax purposes, this time in a case involving private expenditure on a company credit card. The Director used …
Wholly and exclusively test and duality of purpose – Healy v CRC
The rules on whether expenditure may be allowed as a deduction under the ‘wholly and exclusively’ principles can often be contentious. This is demonstrated by the number of cases taken to the courts to determine …
HMRC Wins Important Business Travel Expenses Case: Dr Samadian
A recent test case was heard by the tax tribunal regarding whether certain business travel expenses were allowable, in terms of the interpretation of the “wholly and exclusively” rules. Summary Dr Samadian worked full time …