Relocation Expense Management
Expense Management is typically regarded as a core requirement for all company supported moves, due to the very specific UK tax implications. Accurate reporting of relocation costs to HMRC is of critical importance to all organisations that provide relocation/assignment support.
Our Expense Management system records all costs relating to the move and tracks against any specific policy budgetary limits. It accurately allocates the appropriate tax treatment to each cost, based on HMRC requirements, making clear whether it is allowable, non-reportable or taxable. At the end of the UK tax year we provide a detailed report for each move to our clients to enable accurate reporting for P11D/PSA purposes.