For many years employers have relied on dispensations from HMRC to ensure that reimbursements of business expenses do not need to be reported on forms P11D. The new exemption for business expenses, effective 6 April 2016, places the emphasis more on the employer to understand which expenses are tax deductible and therefore do not require reporting, and to identify those that do not fall within the exemption which must be reported. Employers need to review their processes and policies to ensure they can capture any expenses not covered by the exemption.
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