Is the £250 online filing rebate taxable?

Is the £250 online filing rebate taxable?

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Preparing a corporation tax return for year ended 31 March 2006, which includes the £250 rebate. Is this taxable, or can I deduct the £250 from the taxable profits in the tax comp?
Tony Collins

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By User deleted
22nd May 2006 11:49

Not taxable
It is not taxable.

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By adrianking
23rd May 2006 13:52

Yes - usually
It is tax free - for the employer only.

If mandated to another party then it becomes a taxable receipt.

See the last paragraph of this page

http://www.hmrc.gov.uk/employers/doitonline/1-1_1-7.htm

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