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(c) (i) Explain how Messier Ltd can assist Galileo with the cost of relocating t

2021-04-25   

(c) (i) Explain how Messier Ltd can assist Galileo with the cost of relocating to the UK and/or provide him with

interest-free loan finance for this purpose without increasing his UK income tax liability; (3 marks)

正确答案:

(c) (i) Relocation costsDirect assistanceMessier Ltd can bear the cost of certain qualifying relocation costs of Galileo up to a maximum of £8,000 withoutincreasing his UK income tax liability. Qualifying costs include the legal, professional and other fe

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