P11D reporting for the 2019/2020 tax year

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.