Approved passenger payments
March 26th, 2009
HMRC goes green!
These payments enable employers to pay employees tax-free if they are passengers in a car being used on a business trip. Therefore if you have 3 employees going to the same meeting, instead of them driving separately and being paid up to 40p per mile you can get them to share, pay the driver up to 40 per mile and the passengers up to 5p per mile. This could reduce your travel costs significantly.
The content of this article is for general information only. It should not be relied on and action which could affect your business or personal circumstances should not be taken without appropriate professional advice.
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