Budget : More Tax Breaks for Homeworkers
Gordon Brown's previous Budget provided further support for homebased working - the costs of working from home are now exempt from Income Tax.
Employees will now enjoy exemption from Income Tax on payments made by their employers to cover the costs of working from home.
This is designed to assist employers comply with recent flexible working legislation and reinforces the Government's drive towards improving the uptake of home working
Working from home is no longer an executive perk but a reality for an increasing percentage of the population.
For more information visit the Inland Revenue's statement www.ir.gov.uk/budget2003/revbn03.htm or visit www.hm-treasury.gov.uk
Click here to request an information pack.