A sole director of a ltd company has transferred a sum in excess of £10k to their personal account in the middle of the company's accounting period. The director is in a position to return the sum back to the company in a few weeks of making the transfer (which will mean it is returned before the year-end). The company has not registered for PAYE since no salary has been paid and no taxable benefits have been paid to the director.
Does the director have to file a P11D? (which would then entail registering for PAYE for the current tax year solely for the purpose of filing a P11D).