Personal Expenditure

Please detail any PERSONAL expenses that have been paid by your company on your behalf. This does not include reimbursed expenses which are incurred for business purposes in relation to your limited company. Please be aware that if you have claimed Broadband and Mobile phone contract costs which are in your personal name, then these would create a Benefit in Kind and therefore Income Tax and employers NICs would be due on these amounts.  As such. these items should be recorded in this section.   Only the direct itemised call charges can be claimed for mobile phone contracts not in the company name.

We recommend setting up company phone and broadband contracts which operate separately from your personal lines to keep claiming expenses clean and simple.

Vehicles bought by the company

If your company has purchased any motor vehicles that you have access to personally (not typically a van) then this might be classed as a benefit in kind and Tax / National Insurance could be charged.  You might already have had a discussion with your accountant, but please list each vehicles with as much information as possible.  You can add additional vehicles.

Please note, that we shall rely on the completeness and accuracy of the information supplied by you for the purposes of preparing a P11D form on your behalf, and shall not be responsible for any errors or omissions arising as a result of relying on the information supplied. It is the responsibility of the director(s) of the company to compile P11D forms accurately. We shall advise on technical matters and assist you administratively in this process without assuming ultimate responsibility for the company`s obligations..