this thread is dead
Due to the amount abuse thrown at PTV by simon & the gang it has distracted from the core issue
are "per-Diem's" subject to tax, the IR say "no"
SJD & Debbie lane say "yes", but don't describe how one discloses this to the IR.
They talk about getting "caught" in an IR inquiry.
One could run the same argument about the mileage rate. This is because the mileage rate assumes a car with a depreciable value of 5-6k, so if you run around in £300 car, you have derived and benefit because you have not incurred the depreciation expense. therefore it taxable.
but we no thats no true.:rolleyes
Due to the amount abuse thrown at PTV by simon & the gang it has distracted from the core issue
are "per-Diem's" subject to tax, the IR say "no"
SJD & Debbie lane say "yes", but don't describe how one discloses this to the IR.
They talk about getting "caught" in an IR inquiry.
One could run the same argument about the mileage rate. This is because the mileage rate assumes a car with a depreciable value of 5-6k, so if you run around in £300 car, you have derived and benefit because you have not incurred the depreciation expense. therefore it taxable.
but we no thats no true.:rolleyes
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