Dispensation
Read my lips, its NOT over-claiming nothing. It is quite evident you lack a basic understanding of law and tax law in particular (i.e. you confuse “Spending” with “expense” , they are different, for example Depreciation is not money spent but it is an expense and Capital Spending are not expenses).
Now try to follow my earlier example, Of the Civil servant. I will repeat it one more time.
A civil servant working for the IR claims an allowance of £70 for accommodation and £21 for meals when they are auditing your books. They are never issued with a P11D nor do they declare it on their tax return. Are you suggesting the IR staff is engaged in fraud?
Next you need to understand that there are documents that are “primary” documents i.e. birth certificates land titles, P60s 7 P11Ds. That is what they say on the face of them the truth of the matter, I.E. Like malvolio’s birth certificate states he is a big girl therefore he is; despite having 1 meat & 2 vegs.
Now for P60 and P11D, they are declarations on income and benefit paid to an employee. Verse payslips have no standing with the IR. If your employer understates either the P60 or P11D they are in trouble. If they overstate them you try convincing the IR that they are in error, it is impossible!
Still there, Now the dispensation works as mention before because the IR say, if you have a process that has some independent verification then an employee can be paid XX as to cover accommodation and/or Meals away from home, and the amount paid does not have to appear on a P11D. The process should include “Evidence” but isn’t mandatory.
On this point you are right. The employer is exempt from any come back (but so too is the employee, why wouldn’t they, please read on)
Now moving on to the employee’s tax return, The P11D says he has received ZERO benefit, and the P60 states how much income he has received. One more time they have received ZERO benefit. The End of the Matter.
I even if you were remotely correct, let’s work it through, the IR come knocking and … and. Hmmm. I’m a little stuck here. So they say we have your tax return and we think you have under declared you income. “Here is my P60, and I have not received a P11D because I have not received any “benefits””. End of inquiry.
Or do they say you we believe you claimed money that you haven’t spent. “Sir do you mean I have received a financial benefit and my employer hasn’t put it in a P11D”; IR “NO”. So what are you saying? My P60 is incorrect; IR “NO”. Have I received money from anyone else? IR “NO”. Your & planits analysis breaks down again.
The IR has concise statements at
www.inlandrevenue.gov.uk/pdfs/ir69.htm
and The P11DX form.
Read my lips, its NOT over-claiming nothing. It is quite evident you lack a basic understanding of law and tax law in particular (i.e. you confuse “Spending” with “expense” , they are different, for example Depreciation is not money spent but it is an expense and Capital Spending are not expenses).
Now try to follow my earlier example, Of the Civil servant. I will repeat it one more time.
A civil servant working for the IR claims an allowance of £70 for accommodation and £21 for meals when they are auditing your books. They are never issued with a P11D nor do they declare it on their tax return. Are you suggesting the IR staff is engaged in fraud?
Next you need to understand that there are documents that are “primary” documents i.e. birth certificates land titles, P60s 7 P11Ds. That is what they say on the face of them the truth of the matter, I.E. Like malvolio’s birth certificate states he is a big girl therefore he is; despite having 1 meat & 2 vegs.
Now for P60 and P11D, they are declarations on income and benefit paid to an employee. Verse payslips have no standing with the IR. If your employer understates either the P60 or P11D they are in trouble. If they overstate them you try convincing the IR that they are in error, it is impossible!
Still there, Now the dispensation works as mention before because the IR say, if you have a process that has some independent verification then an employee can be paid XX as to cover accommodation and/or Meals away from home, and the amount paid does not have to appear on a P11D. The process should include “Evidence” but isn’t mandatory.
On this point you are right. The employer is exempt from any come back (but so too is the employee, why wouldn’t they, please read on)
Now moving on to the employee’s tax return, The P11D says he has received ZERO benefit, and the P60 states how much income he has received. One more time they have received ZERO benefit. The End of the Matter.
I even if you were remotely correct, let’s work it through, the IR come knocking and … and. Hmmm. I’m a little stuck here. So they say we have your tax return and we think you have under declared you income. “Here is my P60, and I have not received a P11D because I have not received any “benefits””. End of inquiry.
Or do they say you we believe you claimed money that you haven’t spent. “Sir do you mean I have received a financial benefit and my employer hasn’t put it in a P11D”; IR “NO”. So what are you saying? My P60 is incorrect; IR “NO”. Have I received money from anyone else? IR “NO”. Your & planits analysis breaks down again.
The IR has concise statements at
www.inlandrevenue.gov.uk/pdfs/ir69.htm
and The P11DX form.
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