P11D Benefits - Accountancy fee for Directors personal tax

P11D Benefits - Accountancy fee for Directors...

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Hi all

I need to prepare a client's P11D for 14/15.  His personal tax fee for 13/14 was paid by the company and was billed in one go with the company accounts etc (the bill wa split s oI know what the fee for the personal tax work was)

My issue is that the accounts team raised the bill on 20th April 2015.  Would I still be ok to include this in 14/15 or as the bill has been paid post 5th April, should it go in 15/16?

Regards

Bob

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By Stuart.thomson
29th May 2015 06:34

It should be when you do the work. WIP should be recognised as your income. From the other perspective your client will recognise the accrual as you do the work.

I am assuming you are not cash accounting.

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By Matrix
29th May 2015 06:45

Or you could just take the amount to the DLA.

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