If you are someone who does a lot of travelling for business, or even if it’s only the odd event to attend, you could greatly benefit from understanding all about Travel and Subsistence. The taxing system can be complex but the more you understand it, could potentially mean the more money you could save. This month’s Active Practice will explain:
- What is travel and subsistence
- Which expenses are deductible
- Incidental costs
- Reporting and exemptions
- How should you report it?
- Business Travel
- Private Travel
- Public Transport
- Salary Sacrifice
- Changes for contractors
If you would like any further information, please get in touch, but first take a read of this month’s Active Practice to find out more. You can download it here:
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If you’d like a meeting or a Skype call to discuss this, please get in touch with your favourite Liverpool accountant
- You can ring us on 0151 380 8080
- You can email us at email@example.com