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.
To make a claim you need to keep a record of your business miles and the mileage allowance payments made to you by your employer. If you travel 10 business miles and your employer reimburses you nothing, you can claim Â£4.50 of tax relief (10 miles at 45p). If you normally pay tax at 20%, this means you get 90p of tax relief (Â£4.50 at 20%). If you pay tax at the 40% rate, you get Â£1.80 of tax relief (Â£4.50 at 40%).