P11D forms are due to be submitted to HMRC on 6 July.
You do need to complete a P11D if you have any ‘benefits-in-kind’. This is where your company pays taxable expenses on your behalf such as company cars and/or private healthcare.
You then have to pay income tax on these benefits.
However, there are expenses that you don’t pay tax on that you still have to declare on a P11D. This is where the company pays on your behalf:
Travelling and subsistence (but not motor expenses)
Entertainment
Home telephone
None of these are taxable but you do still have to complete a P11D.
This can be a pain to do this every year so you can tray and obtain a P11D dispensation.
Follow the link here:
https://www.gov.uk/apply-for-a-dispensation
