Originally posted by lukeredpath
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P11 D - Who fills them out?
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Originally posted by Clippy View PostAccording to my accountant they do.
Any specific examples?
For instance, I recently bought some office furniture. I didn't have my company debit card so I paid for it myself and claimed it back as an expense. I don't plan to put it on my P11D. It's clearly a company expense and office equipment has no reporting requirements.
The Expenses Guide booklet (480) says this:
Businesses are often run in such a way that employees make payments on their employer’s behalf. For example, an employee may buy stamps, stationery and items of equipment for the employer and be reimbursed the costs incurred from petty cash or by cheque. Such transactions are not providing the employee with either earnings or expenses because the employee has received no money of his own. Accordingly such reimbursements do not feature on the P11D.
http://www.hmrc.gov.uk/manuals/eimanual/eim31630.htm
http://www.hmrc.gov.uk/manuals/nimmanual/nim05020.htmLast edited by TheCyclingProgrammer; 2 March 2011, 17:01.Comment
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