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Tax on advantages in Travel Business

Question

I know people in the Leisure Travel Holiday business now have to start paying tax on advantages like free holidays.

Anybody knows the rules?

Mikek1300gt

I don't know the rules, but I would be astounded if the tax monster gave free holidays a free ride. Not when software on a laptop gets taxed, used of not.

Dec 19, 2016 21:59
J

Software isn't taxed if it's a legitimate business expense.

Dec 20, 2016 01:27
anon

Any "advantage" such as free holiday is a benefit in kind which is taxable. This isn't new, it's been the case for years.

Dec 20, 2016 10:15
Mikek1300gt

Really, J? So why the hell is it an itemised tax item on my wife's payslip?

Dec 20, 2016 19:18
J

Why the hell are you asking a complete stranger Mike? Does your wife approve of you discussing her payslips in public? Ask her accountant.

Dec 20, 2016 22:59
Mikek1300gt

Do you know who I am, or who my wife is, J? No, so I could discuss her payslip in detail and nobody would be any the wiser. The question was pretty much a rhetorical one, J. It's merely to point out that despite you "correcting" my earlier answer, you are flat out wrong.

Dec 21, 2016 10:22
Mikek1300gt

Engage brain before opening mouth and trying to score points, J. Difficult for you we know.

Dec 21, 2016 10:23
CM

"Engage brain before opening mouth and trying to score points, J. Difficult for you we know."

How does that thing with pots and black kettles go?

Dec 21, 2016 18:49
anon

Oho! said the pot to the kettle;
You are dirty and ugly and black!
Sure no one would think you were metal,
Except when you're given a crack.

Not so! not so! kettle said to the pot;
'Tis your own dirty image you see;
For I am so clean – without blemish or blot
That your blackness is mirrored in me.

Dec 22, 2016 13:16
J

Maybe you could reduce your tax bill by swapping the wife Mike?

Dec 23, 2016 23:45

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