Review of HMRC agreed bespoke rates for expenses

By Tolley in association with Vince Ashall
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The following Employment Tax guidance note by Tolley in association with Vince Ashall provides comprehensive and up to date tax information covering:

  • Review of HMRC agreed bespoke rates for expenses
  • Revoking bespoke agreements

Once an agreement for bespoke rates has been granted, HMRC may review the basis on which expenses are monitored at a later date. This may be part of a general employer compliance check or as part of a specific review covering expenses.

The form and regularity of the checks required by HMRC will depend on factors such as:

  • the outcome of previous compliance checks, including cases where the employer has failed to manage an expenses regime effectively in the past
  • the employer’s CRM risk rating (if the employer is a large company)

More on Expenses procedures: