Tax on benefit in kind

Whether an employer spending on staff trips is investing in a tax-deductible business expense or providing a benefit-in-kind, like staff wages in another form, is often debateable. So was interested to see a report that a high street retailer has settled a £2.5m tax bill from HMRC on taking 800 senior staff to Florida.

Eamon McNicholas
Tax Barrister, Accountant

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
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