Using your own car for work
HMRC have updated their guidance on using your own vehicle for work.
Statutory payments
The new Statutory Payment Rates for 2010/11 have been announced. The new rates are as follows:
Scrappage Scheme
The Vehicle Scrappage Scheme is a voluntary scheme for motor dealers under which participating dealers give buyers a £2,000 discount off the purchase price of a new car (or certain types of small van) in exchange for scrapping their old qualifying vehicle.
Tax codes being issued
HMRC are advising employees that between January and March 2010 they will be issuing new PAYE coding for 2010/11. The tax codes should reflect the individual’s personal circumstances and include the tax allowances and reliefs that individuals are entitled to.
Dispensations - new online application form
HMRC have introduced the facility to apply for dispensations online.
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