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New Rules about Computer Tax Breaks

 Taxation of computers provided for private use
Inland Revenue Statement
12 June 2006
Taxation of computers provided for private use
On 22 March 2006 the Chancellor announced in the Budget that the
tax exemption, which applied to the first £500 of annual
benefit in kind arising on computers made available by employers
for private use by their employees (equivalent to 2,500 GBP incl.
VAT of equipment) would be removed with effect from 6 April 2006.

 
 

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