We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

P11D and self employment

Options
hi all,

I'm registered as a self employed person and also in full time employment. I recently received a copy of the P11D from where I work in fulltime, which has expenses due to work related travel etc.

#1 I understand that I need to use these figures on my tax return, my question is will I be taxed for those? how does that work?

#2 I also got paid some extra for the extra work I did for the company, which will be shown in next years P11D, and I got paid after tax etc deducted. So would I be taxed further for this?

many thanks..

Comments

  • jennifernil
    jennifernil Posts: 5,709 Forumite
    Part of the Furniture 1,000 Posts
    edited 4 July 2011 at 4:08PM
    Expenses necessarily incurred in your employment can be claimed against anything your employer paid in expenses, things like hotel bills, using your own car etc.

    Extra pay would normally go on your payslip, P11D is for Benefits and expenses payments, not wages, so I think you need to clarify what they are doing.

    If you have already been taxed correctly on it, you would not have any more to pay.
  • taxing
    taxing Posts: 155 Forumite
    Cool name, dude! :T Shows a wicked sense of humour! :rotfl:

    Nothing else to add...the advice given is sound as a pound.

    Regards.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.6K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.