advice re: 2 year rule

[captainham]

Is that sort of response really necessary?

When you look at that poster's previous pearls of wisdom, you'll realise that this was actually NLUK being immensely polite...

[lithium147]

From this one: http://www.hmrc.gov.uk/helpsheets/490.pdf

Example
Eloise, a computer consultant, is the only employee of a company which she controls.
She is a specialist in banking systems.
She spends 18 months working full-time at the headquarters of a merchant bank in
Lombard Street in the City of London. She then moves next door to design a new
computer system for a different bank where she expects to stay working full-time for
22 months.
After that assignment she moves to work at a bank close by on Cheapside for
17 months.
Eloise is not entitled to tax relief for her travel from home to these workplaces,
because the nature of her work is such that she expects to work continuously in the
'Square Mile' albeit on the premises of different banks. So her travel from home to
work will be broadly the same every day, year in year out (see paragraph 4.6).


So how do they define 'Square Mile'? Does that mean literally a square mile?
Sounds a bit arbitrary to me.

However, there are banks in other places, for instance the bank of america is in croydon.

[captainham]

Oh. Dear. Lord.

I'm guessing you're not from around these parts...




Doh, ignored my own Ignore list!

[LisaContractorUmbrella]

From this one: http://www.hmrc.gov.uk/helpsheets/490.pdf

Example
Eloise, a computer consultant, is the only employee of a company which she controls.
She is a specialist in banking systems.
She spends 18 months working full-time at the headquarters of a merchant bank in
Lombard Street in the City of London. She then moves next door to design a new
computer system for a different bank where she expects to stay working full-time for
22 months.
After that assignment she moves to work at a bank close by on Cheapside for
17 months.
Eloise is not entitled to tax relief for her travel from home to these workplaces,
because the nature of her work is such that she expects to work continuously in the
'Square Mile' albeit on the premises of different banks. So her travel from home to
work will be broadly the same every day, year in year out (see paragraph 4.6).


So how do they define 'Square Mile'? Does that mean literally a square mile?
Sounds a bit arbitrary to me.

However, there are banks in other places, for instance the bank of america is in croydon.

The actual word within the 24 month rule is "significant" - unless the journey distance and time is "significantly" different the 24 month rule will apply - the square mile is just an illustrative example

HTH

[malvolio]

The actual word within the 24 month rule is "significant" - unless the journey distance and time is "significantly" different the 24 month rule will apply - the square mile is just an illustrative example

HTH

And just to be pedantic (who, me? ) the Square Mile is shorthand for the London financial district, which is pretty much the whole of the original City of london.

[LisaContractorUmbrella]

And just to be pedantic (who, me? ) the Square Mile is shorthand for the London financial district, which is pretty much the whole of the original City of london.

Yes and it was being used as an illustrative example

[northernladuk]

From this one: http://www.hmrc.gov.uk/helpsheets/490.pdf

Example
Eloise, a computer consultant, is the only employee of a company which she controls.
She is a specialist in banking systems.
She spends 18 months working full-time at the headquarters of a merchant bank in
Lombard Street in the City of London. She then moves next door to design a new
computer system for a different bank where she expects to stay working full-time for
22 months.
After that assignment she moves to work at a bank close by on Cheapside for
17 months.
Eloise is not entitled to tax relief for her travel from home to these workplaces,
because the nature of her work is such that she expects to work continuously in the
'Square Mile' albeit on the premises of different banks. So her travel from home to
work will be broadly the same every day, year in year out (see paragraph 4.6).


So how do they define 'Square Mile'? Does that mean literally a square mile?
Sounds a bit arbitrary to me.

However, there are banks in other places, for instance the bank of america is in croydon.

When you get investigated can you sell me a front seat ticket when he goes through your books?

[captainham]

When you get investigated can you sell me a front seat ticket when he goes through your books?

Get in line, I bagsied front row.

[northernladuk]

Get in line, I bagsied front row.

It's gonna be like a Giant Haystacks V Mr Muscle fight to do the death.

[captainham]

It's gonna be like a Giant Haystacks V Mr Muscle fight to do the death.

Ow ow ow, hot tea snorted out the nose is painful, thanks for that.

You must spread some Reputation around before giving it to northernladuk again.