Is it necessary to a prepare a P11D?

Is it necessary to a prepare a P11D?

Didn't find your answer?

My understanding has been that where P11Ds are prepared and there is no dispensation* that all expenses reimbursed to the employee should be included on the P11D and an expense claim made by the employee on the tax return.  This results in HMRC deducting the expenses when issuing a new tax code.   

In a recent call to the tax office (to get a tax code that disregards these "benefits" I was informed that a P11D isn't required if 100% of the expenses are for business purposes.

Has the person at HMRC got it wrong?  Or is my understanding incorrect? 

* the company is a single director/employee company

Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.