How Do I Find Out When I Registered As Self-Employed?
Wondering when you registered as self-employed? Here are two ways you can use to check when HMRC set you up as a sole trader.
Hobby or Business? What Are the UK Tax Rules?
Accidental business owner? Or hobbyist? Read about the Hobby Business Tax Rules to check whether you on the right side of HMRC.
Section E – Mileage Allowance – P11d
P11d Mileage Allowance Section E should contain the amounts of any excess mileage allowance payments made.
Section D – Living Accommodation – P11d
P11d Section D Living Accommodation relates to the cash equivalent of any payments made for living accommodation provided to employees.
Section C – Vouchers and Credit Cards – P11d
Section C of the P11d form covers the cash value of payments made to employees in the form of vouchers or via company credit cards for personal expenses by the employer.
Section B – Payments on Behalf of Employees – P11d
P11d Section B Payments Made on Behalf of the Employee relates to any amounts that should have been paid by an employee but were paid by the business instead.
Section A – Assets Transferred – P11d
Section A – Assets Transferred – covers the cash value of assets transferred from an employer to an employee or director.
Section F – Car Tax and Car Fuel – P11d
Section F of the P11d form covers the cash value of company cars and fuel provided to employees that they use personally, as well as for work reasons.
How to Find Your Company Authentication Code
A Company Authentication Code is a unique password issued to all Limited Companies. It is highly confidential so if you have lost your Company Authentication …
Disallowable Expenses Explained
Disallowable expenses are things you can’t put on your tax return to reduce your tax bill. But which ones are they? Find out in this guide with examples.