|
|
Employee relocation checklist Make sure your salary is adjusted if you are moving to a more expensive area Check local schools thoroughly; private education may be necessary; ensure your salary reflects this You should be given a full home search service, preferably through a relocation agent If your employer offers to pay for accommodation while you house-hunt, ask how long the arrangement will last Package should include help in job hunting for your spouse and in providing flexible family care Insist that your company pays for you and your spouse (preferably the whole family) to investigate the new location.
Employee relocation benefits: Inland Revenue Rules (as at 1.3.2000) First £8,000 of any help received from your employer is exempt from tax. Expenses must be incurred or benefits provided before the end of the tax year following the tax year in which you start a new job. Costs covered by exemption include: Costs of disposing of existing home including solicitors' and estate agents' fees Removal costs Temporary storage of goods and insurance of goods in transit Connection of power and water supplies in new home Excluded: Lump sum given by employer for use as you wish Compensation for losses, such as having to give up a part-used season ticket Cost of having to join a new sports or social club Purchase of uniforms for your children's new school Source: Inland Revenue Leaflet IRI34 "Financial Times" |
|
![]() ![]()
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Solicitors authorised and regulated by the Solicitors Regulation Authority of England & Wales under no.62944 | ||
| Change to our Personal Legal Affairs section or go to our Home Page | lawyers@humphreys.co.uk | © copyright Humphreys & Co. Solicitors |