I have a client who I parted from early last year because his company was in difficulty and I advised him to go into liquidation. In October he contacted me again and wanted to re-kindle the relationship, having somehow survived. After doing his P11D in 2008 I realised he could not have submitted one for the previous year. The only reportable item would be company credit card payments. I am looking for re-assurance I can pass on to him that he won't be slapped with a big fine for late reporting, if anyone has been in a similar position
Anon
Replies (1)
Please login or register to join the discussion.
nothing to report?
You say "the only reportable item would be company credit card payments".
If it is a company credit card then they are liabilities of the company and there is no payment or reimbusement to your individual client.
So what is there to report?