P11D's expenses

Rachel

Anyone else feel that they have been wasting their time doing P11D's for genuine business expenses just to then claim them back. Am I missing something is there a reason. Obviously I understand for cars etc but genuine business travel etc.

I am pleased the larger company I have, have a dispensation agreement.

Point of this thread? Am I missing something? Is there an easier way for a one person Ltd company?

Monsoon

Rachel wrote: »

Anyone else feel that they have been wasting their time doing P11D's for genuine business expenses just to then claim them back. Am I missing something is there a reason. Obviously I understand for cars etc but genuine business travel etc.

I am pleased the larger company I have, have a dispensation agreement.

Point of this thread? Am I missing something? Is there an easier way for a one person Ltd company?

Yes they are pointless but unless you get a dispensation there's no way round them. Dispensations aren't that hard to get.