I have been paying myself about £140pm expenses for mileage at a rate of 45p per mile for genuinely incurred business mileage.
I've been paying out of my own funds then claiming and being reimbursed as part of the monthly payroll.
However I have just caught sight of my p11d for the last tax year, filed by my Accountant, and Travelling and Subsistence payments are totted up as nil cost, nil amount made good and nil taxable payment.
Could one of our friendly accounting types opine on this before I go in all guns blazing to my accountant? :-)
I've been paying out of my own funds then claiming and being reimbursed as part of the monthly payroll.
However I have just caught sight of my p11d for the last tax year, filed by my Accountant, and Travelling and Subsistence payments are totted up as nil cost, nil amount made good and nil taxable payment.
Could one of our friendly accounting types opine on this before I go in all guns blazing to my accountant? :-)
Comment