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self assesment help - p11d
jakemuk
Posts: 973 Forumite
in Cutting tax
hello,
i have just got my p11d from a previous employer for the 10-11 tax year,
i had a car from 6/8/10 to 1/12/10
the cash equavilent of the car comes back as 622, is that the correct figure for just a few months ?
and is that the figure i put on the tax return box as cars ?
full details
citreon berlingo
first reg 04/01/08
142 g/km
1600 CC
fuel type L
List Price : 11330
i have just got my p11d from a previous employer for the 10-11 tax year,
i had a car from 6/8/10 to 1/12/10
the cash equavilent of the car comes back as 622, is that the correct figure for just a few months ?
and is that the figure i put on the tax return box as cars ?
full details
citreon berlingo
first reg 04/01/08
142 g/km
1600 CC
fuel type L
List Price : 11330
Wannabe DFW NERD: Not fully fledged member yet !
HSBC Bank Charges Reclaim In Progress Total: £1462.56
HSBC CC Reclaim Total: £180.00 PAID IN FULL
HSBC Bank Charges Reclaim In Progress Total: £1462.56
HSBC CC Reclaim Total: £180.00 PAID IN FULL
0
Comments
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I make it £732 but check it yourself here
http://cccfcalculator.hmrc.gov.uk/CCF0.aspx0 -
to throw more of a spanner in the works, i have temp contract,
and i only did a few weeks work for them, the rest of the time the car sat untouched, why should i be taxed for those periods ?Wannabe DFW NERD: Not fully fledged member yet !
HSBC Bank Charges Reclaim In Progress Total: £1462.56
HSBC CC Reclaim Total: £180.00 PAID IN FULL
0 -
If you had use of car, it is a taxable benefit.0
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Now that's a different matter, but potentially more challenging.i only did a few weeks work for them, the rest of the time the car sat untouched, why should i be taxed for those periods ?
Unless I made a mistake using the HMRC tool, at this time you have a P11D from your previous employer but it shows a benefit less than it should.
Did you try the HMRC calculator yourself and did you get the same result as me?
If your former employer has stated on your P11D that the car was available to you when it wasn't you will need to persuade your former employer to amend your P11D.
Quite frankly, you trying to persuade HMRC that your former employer has got the period of availability of the car (to you) wrong will be next to impossible unless you have very good evidence and are bloody minded enough.
On the other hand, as previously discussed, your previous employer appears to have understated the benefit.
If you want to take this further you will need to be a lot more specific about the dates you used the car and, especially, any periods in which you were employed but the car was not available to you as opposed to it being available to you but you chose not to use it.0
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