Every year I get a little nervous when I start the P11D completion programme for my client employers and should be grateful if Taxation readers could give guidance on a couple of points.
First, if the employer pays business expenses direct — for example, travel and subsistence expenses, say buying tickets and booking hotels — do these have to be shown on the employee's form P11D or can they be omitted because the money has not passed through their hands?
Every year I get a little nervous when I start the P11D completion programme for my client employers and should be grateful if Taxation readers could give guidance on a couple of points.
First if the employer pays business expenses direct — for example travel and subsistence expenses say buying tickets and booking hotels — do these have to be shown on the employee's form P11D or can they be omitted because the money has not passed through their hands?
The second P11D point that always worries me is the matter of penalties for late submission. Obtaining information from clients can sometimes take longer than anticipated. If I am late submitting the forms to HMRC will the client be liable for an automatic penalty? As far as I am aware this is not the case but I have it in mind that the potential for HMRC to...
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