Specialist Tax Statutory Instruments
These Regulations amend the Statutory Sick Pay (Medical Evidence) Regulations, SI 1985/1604 to increase the number of days for which an employee is not required to provide medical evidence of sickness absence to their employer from 7 days to 28 days.
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
Gifts out of surplus incomeA valuable exemption from inheritance tax (IHT) applies to gifts out of surplus income. This exemption applies only to lifetime gifts and is therefore a key part of lifetime planning. The exemption applies to both outright gifts and gifts into trust. Gifts which meet the
Allowable deductions for employee-related expensesThis guidance note covers the tax treatment of some common types of trading expenditure relating to employees. Some of these are disallowable under general principles, for example the wholly and exclusively test or capital versus revenue expenditure.
Parking provision and expensesCar parking facilities at or near to the employee’s workplaceThere is an exemption from tax and NIC where an employer provides parking, or pays for or reimburses an employee for the costs associated with car parking at or near the place of work; there are no reporting
