Car expense issues – the 24 month rule

When an employee or director travels to a temporary place of employment, from their permanent place of employment (usually the home address for Personal Service Companies), then they can claim tax relief on relating travel & subsistence expenses.  However, if/when...

What Are Benefits in Kind?

Benefits in Kind (BIKs) happen when an employer pays for something on behalf of the employee which is not repaid. BIKs tend to cover personal expenditure – commonly private medical/dental cover, personal use of company cars/vans and fuel benefits etc. The BIK is...

What expenses are not deductible for tax purposes?

Clothing Unless it’s protective clothing, or a uniform, clothing is not tax deductible. Spectacles Eye tests are claimable for workers using PC’s, but the cost of glasses cannot be claimed for because they are generally not worn ‘wholly and exclusively’ for work....