Cycle to work scheme
We are introducing cycle to work scheme at our workplace. My question is how to account for output tax and employee deductions. For example if the cycle costs us £100 what do we need to deduct from employee salary and for VAT?
We are introducing cycle to work scheme at our workplace. My question is how to account for output tax and employee deductions. For example if the cycle costs us £100 what do we need to deduct from employee salary and for VAT?
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