Paye 40% tax payer & OOP expenses
Discussion
It's just occurred to me that I am paying tax on out of pocket expense claims paid into my wages by my employer.
These are made where I've had to pay cash for anything business related.
Surely I shouldn't be taxed on this..any advice?
I've emailed hr services (global multinational co) but they are pretty useless.
Will I have to claim this back through a self assessment or something? I really don't want to have to use self assessment if possible.
These are made where I've had to pay cash for anything business related.
Surely I shouldn't be taxed on this..any advice?
I've emailed hr services (global multinational co) but they are pretty useless.
Will I have to claim this back through a self assessment or something? I really don't want to have to use self assessment if possible.
coljoh148 said:
It's just occurred to me that I am paying tax on out of pocket expense claims paid into my wages by my employer.
These are made where I've had to pay cash for anything business related.
Surely I shouldn't be taxed on this..any advice?
I've emailed hr services (global multinational co) but they are pretty useless.
Will I have to claim this back through a self assessment or something? I really don't want to have to use self assessment if possible.
Are you providing receipts? If you aren't then they would be taxable.These are made where I've had to pay cash for anything business related.
Surely I shouldn't be taxed on this..any advice?
I've emailed hr services (global multinational co) but they are pretty useless.
Will I have to claim this back through a self assessment or something? I really don't want to have to use self assessment if possible.
Even if they are reimbursed through Payroll there's no reason for them to be taxed as long as they are what HMRC would determine as legitimate business expenses.
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