The benefits code: deductions for expenses payments received: example
Section 70 ITEPA 2003
An employee (who for 2015/16 and earlier is not in an excluded employment (EIM20007)), is reimbursed the following expenditure.
|Home to work travelling||£300|
|Allowable professional subscriptions||£50|
The payment of home to work travelling costs is not allowable as they are not incurred in the performance of the duties or in travel to a temporary workplace. The employee’s tax liability will therefore include
|Reimbursed home to work expenses taxable as earnings (EIM10020 and EIM20602)||£300|
|Reimbursed business travel and professional subscriptions||£550|