Latest employer bulletin published

HMRC has published Employer Bulletin 61. It contains a variety of articles including the following.

Mileage regulations

In November 2015 as part of the introduction of the new exemption for paid or reimbursed expenses which replaced the dispensations regime amendments were made to the Income Tax (PAYE) Regulations 2003 to remove the requirement for expenses payments to be reported on form P11D.

However those amendments also removed the requirement to report taxable mileage allowance and taxable passenger payments on form P11D. This was not the intention because the new exemption for paid or reimbursed expenses was not intended to affect the tax treatment of mileage payments. HMRC amended those regulations in July to correct this error.

Apollo Fuels judgment

Apollo Fuels leased secondhand cars to its employees. The First-tier Tribunal and Upper Tribunal found that the price paid under the leases was market...