Many employers have a dispensation in place to cover business expenses reimbursed to employees. If no dispensation is in place then the expense would be reportable on a P11d.
From 6th April 2016 dispensations are being scrapped and a statutory exemption is being introduced for reimbursed business expenditure…making such business expenses not reportable on a P11d or the employees tax return.
Systems need to be in place to check that these procedures are operating as it should be and we are helping businesses with this.
If you would like any advice or assistance in this area please call the office.
