HMRC Could Add to Volcano Expenses
Travellers that got screwed left right and centre as they made their way home might have a nasty surprise once they’re back…
As if spending thousands on food, overpriced hotels, rip-off taxis and new bicycles wasn’t enough…
City AM: LAWYERS warned yesterday that tax bills for both employees and employers associated with the disruptions caused by the Icelandic volcano are to sky rocket as the HM Revenue & Customs (HMRC) takes a hardline on repatriation costs.
Commercial law firm EMW Picton Howell said yesterday that the HMRC will demand tax payments on any expenses claimed by employees during the last six days, including transport costs to get them back to work, which will increase tax bills for employers.
The only two certainties in life – death and taxes. If getting back to the UK didn’t kill you, somehow it will end up taxing you.
