The Reed case: are concerns over travel schemes justified?
29 March 2012
The long awaited decision on the first-tier Tribunal case of Reed determined that Reed’s travel scheme was ineffective and that the expense payments were not allowable. The resulting liabilities have been calculated at £158m but are disputed and an appeal is expected.
Thu, 16 Feb 2012 | By John Chaplin, director, global employment tax services, Ernst & YoungThe long awaited decision on the first-tier Tribunal case of Reed determined that Reed’s travel scheme was ineffective and that the expense payments were not allowable. The resulting liabilities have been calculated at £158m but are disputed and an appeal is expected.
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