News
Tax and Keeper’s cottages
<strong>A firm of accountants won a battle with HM Revenue & customs which clarifies the law on tax and gamekeepers' cottages</strong>
Accountants Robinson Reed Layton recently won a battle with HM Revenue & Customs (HMRC), which clarifies the law concerning tax and gamekeepers cottages.
Tax partner James Bailey said: Shooters know that it is common for a keeper to be provided with accommodation by his employer, but what is less known is that, if the cottage is rent free, there is a risk that HMRC would treat it as a taxable perk, charging the keeper income tax on the annual value of living there and the employer national insurance at 12.8 per cent on the same amount.
The rest of this article appears in 2nd September issue of Shooting Times.
What is YOUR opinion?
Join other ST readers in our forums to discuss your views.
Like this article? Mark this page on a social bookmarking website…
Related articles
News
Muirburn: time to fight fire with fire
With wildfires increasing, it’s time to let experts handle the problem.
By Time Well Spent
News
Army shoot faces closure after gamebird licence refusal
Natural England has refused permission for a Wiltshire shoot to release gamebirds despite biodiversity measures, revealing licensing anomalies