P11D reporting for the 2019/2020 tax year

This year's filing deadline is 5 July 2020. P11D filing may apply to directors and employees of your company; the onus is on you to decide what is reportable and taxable...

Common benefits that normally need reporting are:

  • Company cars and private fuel provided
  • Company vans and private fuel provided
  • Overdrawn loan accounts
  • Private medical insurance
  • Reimbursed motor expenses in excess of 45p per mile up to 10,000 miles, (25p per mile over 10,000 miles)
  • All or any other expenses paid to or on behalf of directors and staff which have a private, non-business use component.

Any questions about P11D's? Don't hesitate to contact us on telephone number 01425 620 611.