This document discusses the calculation of the benefit, including where the cost of the property is over £75,000. It also covers the new rules on salary sacrifice, the situation where the employee pays rent for the use of the property, and the various exemptions available.
Tax on company cars
This document discusses in detail the definition of a car and when a car benefit arises; calculation of benefit; non-availability restriction; exemptions; cars for disabled employees; reporting requirements; P11D treatment; salary sacrifice arrangements; and transitional rules.
This document covers these in detail, along with the temporary living accommodation; cars and vans; domestic goods replacement; management fees; bridging loans; sale of property to employer; and reporting requirements.
Business Travel Expenses
This document discusses these in detail, together with the situations in which travel expenses may or may not be deductible; issues with excessive reimbursements by an employer; travel expenses of workers supplied through intermediaries; and salary sacrifice arrangements.
This document discusses these in detail, together with the conditions for a benefit to qualify as trivial; and the reporting requirements for tax and NIC.
Termination Payments - Overview
This document discusses when the payments are fully taxable, partially taxable or fully exempt depending on the nature and the amount of the payment. It also covers the detail on the £30,000 exemption; valuation of non-cash benefits; NIC implications; and reporting and collection of tax.
Loans provided to employees
This document discusses these in detail, together with the situations when a loan benefit arises; methods of calculating of benefit; exemptions from the charge; reporting and National Insurance treatment; and loan repayment.
Employee tax consequences - EMI schemes
This document covers the employee tax consequences of an EMI option, along with the grant, vesting and exercise of an option; disqualifying events; sale of shares; tax on tax charge; NIC agreement; and interaction with entrepreneurs’ relief and restricted securities election.
EMI qualifying conditions for companies
To qualify for the tax breaks that Enterprise Management Incentive (EMI) brings, companies must meet a number of requirements. The requirements broadly fall into three categories: the size of the company/group and its structure; terms of the option; and the nature of the company/group’s trade. This document also covers the detail on excluded activities.