taxation of airmiles

HMRC provides guidance on the taxation of air miles and similar benefits

By Payroll-help

When employees obtain air miles or other rewards when they pay for business travel and subsistence is there a benefit that must be reported for tax purposes by the employer? Prompted, no doubt, by extensive recent discussion on the Linkedin website, HMRC has clarified the tax status of air miles, petrol tokens, credit card points [...]

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Payroll Update 2013