Hair’s an interesting one

Hair's an interesting one

Talking of the John Prescott tax issue, there’s another interesting letter in Taxation magazine this week raising an amusing problem.

‘There has been much press coverage recenlty on the clothes and cosmetic treatments of prominent politicians and their wives during the last general election campaign,’ someone known only as Jealous Guy, writes.

If his employer pays for a suit for him to wear, he is taxable as a benefit in kind, he says. Are our leaders, not to mention Cherie, treated in the same way? Or is he just missing out on some tax relief?

One can only hope our esteemed politicians’ tax arrangements are all in order on this one.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article