The Inland Revenue’s official overnight allowance for 2014?
The EIM66110 document on their website helpfully (■■!!) tells you what it’s been for the past 14 years but I can’t find what the current rate is.
Thanks.
The Inland Revenue’s official overnight allowance for 2014?
The EIM66110 document on their website helpfully (■■!!) tells you what it’s been for the past 14 years but I can’t find what the current rate is.
Thanks.
Iirc from some research we did recently it is currently £26:70 or thereabouts unless your company discusses and gets a local tax office agreement at a higher level.
My employer does and we used to get £35 tax free. A few years ago they reduced it to £33 but last week they agreed an increase up to £36 tax free. Result!
Thanks for that. Interesting about the negotiated higher rate. I’ll look into it.