HM Treasury has published a call for evidence on the taxation of employee expenses. Please take our survey to help shape our response.
HM Treasury published a call for evidence on the taxation of employee expenses on 20 March 2017 (more detail can be found here).
While HM Treasury was explicit that the Government had no plans to remove
tax relief on eligible employee expenses, it remains a fact that this call for evidence has been prompted by the increase in claims over recent years. HM Treasury add that, at present, the tax relief on expenses which employers do not reimburse and employees then claim from HMRC costs the Exchequer £800 million per year, and that there has been a 25% increase in claims from 2009-10 and 2014-15.
We therefore believe that it is important, especially in light of the General Election, that advisors and employers alike take this opportunity to respond to this call for evidence so that the next Government can take decisions on a fully informed basis. But we need your help.
We would be grateful if you could provide 10 minutes of your time to complete our survey. The more businesses that participate, the better the quality of the information we can present and the more robust the insight we can provide. In this way we will help to ensure that tax relief for employee expenses is properly tailored to the modern world of work.
Our survey will close on 31 May.
Please do not hesitate to get in touch with your normal contact or e-mail The Employers' Club.
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