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The OTS is seeking to establish the numbers and types of claims and elections across the main UK taxes and then focus on a range that are more significant or more frequently used by individuals partnerships and companies. In some cases it is unclear why it is necessary to make a specific claim to benefit from a relief or exemption and this can lead to some people missing out.
In particular the OTS is likely to consider:
- claims for relief for certain expenses incurred by employees and not reimbursed in particular flat rate allowances such as for cleaning uniforms or for tools;
- capital allowances including issues arising when these are subject to specific claims rather than handled within tax returns; and
- CAA 2001 s 198 elections.
In addition the OTS asks about issues that may affect employee expenses capital allowances losses and VAT. It also...
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