“Unavailable” car benefit reduced
Where a company car is “unavailable” for private use for 30 or more consecutive days the benefit is proportionately reduced.
Where a company car is “unavailable” for private use for 30 or more consecutive days the benefit is proportionately reduced.
Reimbursed expenses no longer need to be reported where they are incurred wholly, exclusively and necessarily in the performance of the employee’s duties.
The Chancellor recently announced that the temporary increase in the Annual Investment Allowance (AIA) for expenditure on plant and machinery has been extended to 1 January 2022.