Member Since: 24th Sep 2002
17th Jan 2013
On a positive note....
Absolutely no problems. Beats the days when we used to carry armfuls of tax returns down to the tax office!
24th Jun 2008
Purchases by credit card
There certainly appears to be conflicting guidance from HMRC. However the following seams to suggest that purchases made by company credit card don't need to go on P11d provided the conditions listed at the bottom of the page are met. I guess stricly speaking the company should keep sufficient information to show that the conditions are met or alternatively enter the items on form P11d (or of course rely on a dispensation).
"Credit or charge cards provided by an employer and used by an employee: on behalf of the employer: with prior permission: goods and services to be used in business
A credit or charge card in the employer's name is used by an employee on behalf of the employer to purchase goods or services to be used in the business. It is clear that the purchase is made in the employer's name.
Class 1 NICs
Enter on P11D
Class 1A NICs
Enter on P9D
Vouchers and credit tokens and NIM02090
It will be clear that the purchase is made in the employer's name where the employer has given authority in advance to make the purchase, the employee explained in advance of the contract being made and the supplier accepted that the purchase was made on the employer's behalf"