Directors' Benefits

Directors' Benefits

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Any help would be hugely welcome.....

A director is reimbursed £2000 in travel and subsistence payments on the P11D in the 'cost to you' box.

The 'amount made good or from which tax is deducted' is blank leaving a taxable payment of £2000.

A claim is made to HMRC under S.336.

Why on earth would anyone go through all this hassle - why not just expense it to the business?

Why is the 'amount made good' not completed to make the taxable benefit nil?

?

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By pjclar02
30th Jan 2012 21:58

I think an HMRC dispensation

I think an HMRC dispensation would be the best route to look at - such that these items do not require reporting on the P11d at all.

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