Tag Archive

United Kingdom: Budget for 2013/2014 Is Announced

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George Osborne, the U.K.’s Chancellor of the Exchequer, presented the 2013 Budget speech on 20 March 2013. The Finance Bill 2013 is due to be published on 28 March 2013, and an update will follow at that time. Below, we highlight some of the important measures that may impact employees – including those on... »

United States: Update on 2012 Standard Mileage Rates

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On December 9, 2011, the U.S. Internal Revenue Service (IRS) released an advance copy of Notice 2012-1 providing the standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, medical, moving, or charitable purposes.1 Most rates, including business miles, remain the same as provided in Announcement... »

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