Meet New Yorkâs new $15 minimum wage and 12-week paid family leave law, which is the longest allowed leave in the U.S. As part of New Yorkâs 2016-2017 budget approval process, Governor Andrew Cuomo signed two pieces of legislation affecting employers: a minimum wage increase and paid family leave.
IRS publications say that you can deduct mileage driven from your home to work sites if your home is your principal place of business. But itâs actually more complicated than that: to qualify as a principal place of business, your home office must be used regularly and exclusively as your principal place of business.
If you make payments to employees above a certain amount, youâll have to report them to HM Revenue and Customs (HMRC) and deduct and pay tax. Mileage Allowance Payments (MAPs) are what you pay your employee for using their own vehicle for business journeys. Youâre allowed to pay your employee a certain amount of MAPs each year without having to report them to HMRC. This is called an âapproved amountâ.