Feeds

Gov.uk publishes home PC loan scheme guidelines

Tax savings

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

The UK government has published guidelines to help businesses keen to provide PCs to employees for home working.

The Home Computing Initiative (HCI) stresses the benefits employers will gain from providing some workers with home computers, but the scheme is as much about leveraging tax breaks as anything.

British business currently have an annual tax exemption of £500 on the cost of computers loaned to staff, courtesy of the 1999 Finance Act. The cost of loaned equipment can also be counted against the borrower's gross salary, yielding a reduction in the employer's National Insurance payments.

Less tangible benefits include improving workers' productivity by providing a better balance between the time spent at work and at home. The Department of Trade and Industry and the Department for Education and Skills, both of whom are publishing the HCI guidelines, believe such schemes will lead to better IT skills among the UK workforce.

The guidelines detail advantages such as these for both employers and employees, and provide Inland Revenue-approved advice on setting up HCI schemes.

The guidelines, available from the DTI, also have the backing of the TUC and the CBI.

Copies of the guidelines are available by phoning the DTI publication line on 0870 150 2500 or via the web at www.dti.gov.uk/hci. ®

Related Story

OFT intros simpler terms for Home Computing Initiative

Intelligent flash storage arrays

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.