Fleet News

Taxman proposes relief for site-based employees

COMPANY car drivers who are site-based with no permanent place of work could obtain tax relief on their journeys under new proposals by the Inland Revenue. A consultative document has been published, designed to make fairer and simplify current tax rules - under the Schedule E expenses rule - covering travel and subsistence expenses incurred by employees performing jobs.

The tax man is inviting comments on the document, which includes draft legislation, by September 30. Its publication follows a formal announcement in last year's Budget of possible changes (Fleet News December 1 and December 8, 1995). The draft legislation is intended to:

Currently employees only get tax relief on travel and subsistence expenses if they are incurred during work time and not between an employee's home and normal workplace.

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