HMRC announces tax simplification changes for employers and businesses
I read with interest an announcement by HMRC about a series of measures designed to simplify the tax system, reduce administrative burdens and make it easier for businesses to meet their tax obligations. While many of the proposals will be introduced over time, I think there are several updates that employers should be aware of now ... Tax simplification changes for employers and businesses have been announced by HMRC One of the key announcements is a review of HMRC's Benchmark Scale Rates (BSR) and Overseas Scale Rates (OSR). These rates allow employers to reimburse employees for business travel and subsistence without needing detailed receipts in every case. HMRC will review whether current rates better reflect travel | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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