In March 2011 the OTS set out proposals to abolish a number of tax reliefs as the government seeks to ‘simplify the UK’s spaghetti bowl of tax reliefs’.
This work is most welcome.
It is appreciated that the proposals concentrate solely on abolishing reliefs that might be considered to be redundant.
However this cannot be said of tax relief on late-night taxis for employees.
Under that relief subject to certain conditions where an employer reimburses the cost of late night taxis for non-business travel no taxable benefit arises for the employee.
The OTS’s rationale for abolishing this relief is that employees are working late on a more regular basis and so are...
