Directors loan in P11D

[chrisl]

I am deciding how to report directors loan on the P11D.

The P11D obviously runs from 6 April 08 - 5 April 09 however the last set of accounts i have run from 1 Oct 07 - 30 Sep 08.

The loan flutuates dramatically during the year from £500 up to £8k but as i do not know what is outstanding on 5 April 09 how are you meant to account for this? Do you have to estimate the amount between Oct 08 - 5 April 09?
I am stuck and need some help.

[xoggoth]

An estimate would probably do but it isn't hard to calculate the running total. Ins of the loan account are sums paid to you, outs are what you are owed - expenses you paid yourself, gross salary and dividends. Cut and paste from your excel sheets for given period? you must have supplied your accountant with all the details.

PS It has to go over £5k in the personal tax year to be a potential BIK.