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HMRC drops benefit in kind charge on Covid-19 tests

HMRC has been forced into a rapid U-turn after publishing guidance indicating that employees would face a taxable benefit in kind when their employer pays for coronavirus testing, following an outcry from MPs.

HMRC drops benefit in kind charge on Covid-19 tests
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  • Shared by Accountancy Daily
  • July 09, 2020
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Updated guidance on how to treat certain expenses and benefits provided to employees during the Covid-19 crisis which HMRC put out on 6 July included the information that if an employer paid for a coronavirus test, their employee would be required to pay income tax on that benefit.

Read more at the Accountancy Daily

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