Like a lot of us I was delayed on a train the other day. I bought the ticket although I was travelling on business for my company.
Trans Pennine Express insisted in refunding me the traveller so I have now got the money from them.
So if I keep the money and not refund the business I am liable to tax and national insurance?
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This conversation may help as it is similar.
https://www.accountingweb.co.uk/any-answers/flight-compensation-on-busin...
This conversation may help as it is similar.
https://www.accountingweb.co.uk/any-answers/flight-compensation-on-busin...
I don't know what the "compensation" from the train operator is supposed to represent. Flight delay claims are specifically personal compensation.
If the refund is just that, then I'd say it belongs to the company. Effectively, the train operator is saying it hasn't charged you (netting off refund) because of the inadequate service.
If the amount is worth arguing the toss about, examine the terms under which the refund has been made.
Except, it's not compensation, is it. It's simply a refund. That being the case, if it's already been reclaimed from the company, then it should, in turn, be reimbursed to the company.
If it hasn't been reclaimed, then it shouldn't be. In both cases, it's entirely tax neutral.
If you’re travelling on one of our services and have been delayed by 15 minutes or longer, you are entitled to claim compensation under our Delay Repay scheme (except when delays are caused by planned engineering works).
https://www.southwesternrailway.com/contact-and-help/refunds-and-compens... - Southwestern reckons its compensation
It looks like this may be a tender subject, by all means let off some steam and signal your disaproval but stick to the points.
If the company reimburse you more than the expense that you incur, then that is taxable as employment income and is liable to national insurance.
The expense incurred, to my mind, is the amount by which you are out of pocket; being the cost of the ticket less the amount reimbursed.
Like flight delays, it is classed as compensation, not a refund.
The compensation should go to the traveller and not the company. The service is still being run. The travel companies provide the reason that it is the individual who suffers the distress/stress associated with a delay.