Relocation Costs

Costs paid by the employer in the relocation of an employee are allowable up to a threshold in some circumstances and not taxed as a benefit.

The 'qualifying costs' include the costs of buying and selling a home, moving costs, buying certain things for a new home and bridging loans.

Applicable individuals are new employees relocating in order to take up a job and existing employees relocating to be nearer their principal 'base' of employment for a valid reason. There are time limits for claim.