P11D help

aj9648

Hi

could someone help me out please

Just filling out my P11D form for 13/14

Can anyone tell me where (in sections A-N of the P11D benefits table) do I put clothing? This is clothing that has been paid by the business and I now own and I can use the clothing in work and also outside of work

Also if I have taken cash/cheque withdrawals - how do I treat that?

Also solicitors fees I have used for purchase of a new house (is that a loan?

purdyoaten

I can only presume that you are completing the P11D as a director of your own company.

Are you on the payroll? What the position of your director's current account? Is it overdrawn?

From the questions that you have asked, I am not sure that you know exactly what should go on a P11D and it is probably not a good idea to complete yourself.

aj9648

Yes director

Not overdrawn

zygurat789

aj9648 wrote: »

Yes director

Not overdrawn

So anything which has been charged to your Director's current account can be ignored. What they are trying to do is tax you on items charged against tax by the company which are really your income, like a car.
So if they hit the company P & L a/c and they're for you, P11D it.
This is a very complex area if your company has an accountant then he/she should be doing this.

OhReally_2

aj9648 wrote: »

Hi

could someone help me out please

Just filling out my P11D form for 13/14

Can anyone tell me where (in sections A-N of the P11D benefits table) do I put clothing? This is clothing that has been paid by the business and I now own and I can use the clothing in work and also outside of work

Also if I have taken cash/cheque withdrawals - how do I treat that?

Also solicitors fees I have used for purchase of a new house (is that a loan?

I thought your payroll services business was as a sole trader, not a limited company
https://forums.moneysavingexpert.com/discussion/4867593
:cool:

In which case, no need to P11D's

OhReally_2

[aj9648] holds 0 appointments at 0 active companies, has resigned from 0 companies and held 2 appointments at 1 dissolved companies. [aj9648] is not registered as holding any current appointments.

Director & Company Secretary. Company dissolved May 2007.

Did someone say stalker?

zygurat789

OhReally wrote: »

I thought your payroll services business was as a sole trader, not a limited company
https://forums.moneysavingexpert.com/discussion/4867593
:cool:

In which case, no need to P11D's

Nowhere did the OP say he wasn't an Ltd.
But providing payrioll services and not being able to fill in a P11D!!!!!

OhReally_2

zygurat789 wrote: »

Nowhere did the OP say he wasn't an Ltd.

No one will ever accuse you of being a stalker then ...

... well not a very good one