The Mudcat Café TM
Thread #125210   Message #2771695
Posted By: s&r
23-Nov-09 - 08:47 AM
Thread Name: Heavy Handed PRS
Subject: RE: Heavy Handed PRS
Matt - you don't get your travel expenses refunded by the tax man. You just don't have to pay tax on them. If you pay tax at 30% you pay - say - £1000 travel expenses, and the tax man effectively gives you back £300. So your travel costs you £700.

Stu