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Flat rate expenses - help!
Emmamr
Posts: 69 Forumite
in Cutting tax
Hi there
I have claimed for flat rate expenses from HMRC for the last 3 years and they have sent me a cheque which just covers the tax relief on the expenses amount - is this right? Is is 20% of the FRE we get or the full amount?
Just wanted to know before charging in and shouting at some poor soul on the phone!
Thanks
Emma
I have claimed for flat rate expenses from HMRC for the last 3 years and they have sent me a cheque which just covers the tax relief on the expenses amount - is this right? Is is 20% of the FRE we get or the full amount?
Just wanted to know before charging in and shouting at some poor soul on the phone!
Thanks
Emma
0
Comments
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I'm afraid you cannot expect other taxpayers to pay your expenses. You are however entitled to receive tax relief on them at the appropriate rate, so 20% sounds correct.0
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Thanks - I figured that but the wording of the letter is a bit confusing!
Every little helps!
Emmax0
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