club accounts and treatment of annual subs of Directors
I am working for a golf club which is run and owned by members. Each year a new Captain is appointed, together with a vice Captain and various other officers. These officers are registered as directors as they run the club (which is a Limited company).
Each year the Captains raise money for charities and work on behalf of the club. They are not remunerated at all, but they do have their subscriptions to the golf club waived.
Should these captains have a P11D completed each year - they are not paid by the club?
Your thoughts will be appreciated.