Reimbursement

Hmrc

HMRC Admits £5 Tax Overcharge on 8.7 Million State Pensioners

HM Revenue and Customs (HMRC) has confirmed it overcharged nearly 8.7 million state pensioners due to a calculation error, resulting in an estimated £43.5 million in excess tax collected last year. The error inflated the …

By Rebecca Duffy · · 2 min read

Hmrc

HMRC Reminder: 45p Per Mile Mileage Allowance for Drivers

Employers and employees should be aware of HMRC’s rules regarding Mileage Allowance Payments (MAPs), the payments made to employees using their personal vehicles for business journeys. These payments can be tax-free up to …

By Abbie Brown · · 2 min read