I have a client who was given a crate of wine by a supplier. They sent him a taxable benefit statement stating that the grossed up value of the benefit was £125 and the basic rate tax paid was £25.
How do I show this on his tax return?
Taxable benefit provided by a supplier
I have a client who was given a crate of wine by a supplier. They sent him a taxable benefit statement stating that the grossed up value of the benefit was £125 and the basic rate tax paid was £25.
How do I show this on his tax return?