P11ds - credit card expenses

P11ds - credit card expenses

Didn't find your answer?

Where an employee makes payments on their employer's behalf, then section 5.1 of booklet 480 ("purchases on employer's behalf") states reimbursement of such expenses from petty cash or by company cheque need not go on the P11d, as "the employee has received no money if his own".

Using the same logic, if the company pays the employee's private credit card where all expenses are as above, then that need not be included either. Do others agree?

If the employer provides a credit card (which I take to mean its a company credit card), then section C of the P11d would seem to require the total of such payments. However, is there a similar exception as above when these payments are purely business expenses?

It would seem a nonsense to require a P11d entry in the latter case when its not needed in the former cases.

Thanks

rjk

Replies (0)

Please login or register to join the discussion.

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