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Are my expenses subject to tax?

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Asked on 11 May 2016 10:00 am
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Expenses paid to you, for example travel costs, are regarded as income and may be subject to tax.

Expenses you pay that are ‘wholly and exclusively’ in connection with a UK performance may be deducted from your income before tax is calculated. Expenses deductions are usually allowed for:

production and pre-production costs
general subsistence
fees or commission to managers and agents
UK travel
air fares to and from the UK to perform (if the performer returns directly to their home country)
accommodation
support staff
use of training facilities
other expenses agreed with HMRC
Expenses for medical treatment, personal security or entertaining are not usually allowed.

If you receive expenses or income to cover both UK and non-UK activities, a fair proportion will be allocated for appearances in the UK.

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Posted by (Questions: 125, Answers: 125)
Answered on 11 May 2016 10:04 am