Employees' Own Cars The Inland Revenue has published a new
5th August 1999, Page 28
5th August 1999
Page 28
Page 28, 5th August 1999
— Employees' Own Cars The Inland Revenue has published a new
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edition of booklet IRI25* which sets out the tax position of employees who use their own cars for work. The revised booklet: • Takes account of recent changes to the rules on the tax treatment of employees' travel and subsistence payments; • Contains examples of methods of calculating car and mileage allowances, working sheets and a sample mileage log sheet.
*using your Own Car for Work (IR125) is available free from Tax Offices and Enquiry Centres or at wwwinlandrevenue.gov.uk.