Expenses incurred by employee on behalf of employer

An employee may claim for an expenses deduction (and any wear and tear allowance in respect of the motor vehicle). However, where the employee decides to make such a claim, any re-imbursement of expenses by the employer, including any scale allowances, must be treated as pay and taxed accordingly. Employees cannot claim from Revenue for any expenses that are or will be re-imbursed by the employer.

Information Required

• Date of purchase of car.
• Purchase price.
• Whether new/second-hand.
• Date from which car was used for business purposes.
• Mileage and percentage of business to private use.
• Running Costs – Repairs, Service, Tax and Insurance.
• Any reimbursement of running cost made by the employer

Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie