Taxman scratching around for more victims

[wendigo100]

Cricket stars face £50,000 tax bill over free tickets

For years England's cricket stars have been handed complimentary tickets to give their friends and families. But now the taxman has them in his sights.

Andrew Flintoff, Monty Panesar, Steve Harmison and the rest of the squad are furious that they could be forced to pay up to £50,000 in backdated tax on the tickets.

The Inland Revenue is pressing for the complimentary tickets to be classed as 'benefits in kind' and so liable to tax at 40 per cent.

It is understood to be demanding payment backdated over several years.

There wasn't much money in cricket until recently, so some of the older retired players will be getting a shock!

Still, it's only fair.

[Troll]

I did see another article on how the 40p/25p personal car use allowance was coming under threat... seems it will be modified to take account of the emissions & reduced accordingly

http://www.telegraph.co.uk/news/main.../nmotors19.xml

Only fair etc etc

[Sysman]

I did see another article on how the 40p/25p personal car use allowance was coming under threat... seems it will be modified to take account of the emissions & reduced accordingly

http://www.telegraph.co.uk/news/main.../nmotors19.xml

Only fair etc etc

Is the Telegraph website down? I haven't been able to reach it this aft.

[Troll]

Looks like it is down at the mo....obviously too much anti- establishment content & incurred the wrath of MI5

[swamp]

I read it earlier when the website was working. The article says they want to lower the 10,000 miles @ 40p/mile allowance to 6,000 miles. Also cars with high emissions (e.g. bands F & G) possibly get no 40p/mile allowance, just 25p. And as a token gesture, band A cars may get 50p/mile.

In other words, if you drive anything decent in the week you'll have to get a gutless piece of crap instead. Or one of these: http://www.goingreen.co.uk/

HTH

[fzbucks]

I read it earlier when the website was working. The article says they want to lower the 10,000 miles @ 40p/mile allowance to 6,000 miles. Also cars with high emissions (e.g. bands F & G) possibly get no 40p/mile allowance, just 25p. And as a token gesture, band A cars may get 50p/mile.

In other words, if you drive anything decent in the week you'll have to get a gutless piece of crap instead. Or one of these: http://www.goingreen.co.uk/

HTH

The Gwiz would be no good for me - my clients site is over 160 miles away - I'd have to charge it at 4 service stations

[threaded]

The Gwiz would be no good for me - my clients site is over 160 miles away - I'd have to charge it at 4 service stations

Don't worry, before long the government will require you to have a travel warrant to go that far afield, and vrag naroda like you will not be allowed one.