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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?

Answer
Mikek1300gt Dec 19, 2016 21:59

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.

Answer
J Dec 20, 2016 01:27

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

Answer
anon Dec 20, 2016 10:15

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.

Answer
Mikek1300gt Dec 20, 2016 19:18

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

Answer
J Dec 20, 2016 22:59

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

Answer
Mikek1300gt Dec 21, 2016 10:22

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.

Answer
Mikek1300gt Dec 21, 2016 10:23

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

Answer
CM Dec 21, 2016 18:49

"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?

Answer
anon Dec 22, 2016 13:16

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.

Answer
J Dec 23, 2016 23:45

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

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