The Treasury is concerned that certain structures are "abusing" the rules for tax relief on travel at a cost to the exchequer of around £300m
The Treasury is concerned that certain structures are “abusing” the rules for tax relief on travel at a cost to the exchequer of around £300m.
A Treasury consultation paper reveals that losses may significantly increase if it does not clamp down.
Let’s hope this time the solution does not penalise businesses who are not looking to avoid tax.
