Dispensation
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jewels.p
Registered Posts: 1,758 Beyond epic contributor ๐งโโ๏ธ
Can anyone explain to me exactly what a Dispensation is. I have never seen one and dont understand it from my Osbourne Book?
Cheers
Cheers
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http://www.hmrc.gov.uk/paye/exb/schemes/dispensation.htm
found this if it helps, i have not come across it either
tracy0 -
Just a couple of extracts from the link Taskey provided, cheers Taskey!!http://www.hmrc.gov.uk/paye/exb/schemes/dispensation.htm
found this if it helps, i have not come across it either
tracy
A dispensation is a notice from HM Revenue & Customs (HMRC) that removes the requirement to report expenses and benefits to them at the end of the year on forms P11D or P9D. There is also no need to pay any tax or NICs on items covered by a dispensation.
You can apply to HMRC for a dispensation to cover expenses or benefits for which your employee gets a full tax deduction.
The main expenses routinely covered by a dispensation are:
travel, including subsistence costs associated with business travel
fuel for company cars
hire car costs
telephones
business entertainment expenses
credit cards used for business
fees and subscriptions0 -
http://www.hmrc.gov.uk/paye/exb/schemes/dispensation.htm
found this if it helps, i have not come across it either
tracy
Thanks Tracy. I have printed that off and will study it later. Had two assignments back from Tutor. One for DFS and one for PTC. Did well in the DFS one but not so good on the PTC. So its back to studying more for PTC now! I enjoyed that book too but looks like it all hasnt stuck Aaaaaaaaagh! How's the Past Papers?0 -
Rachey,
How was the DFS Revision Day with Steve on Saturday? I wish I could get to those but unfortunately noone does them in Scotland..............................no sarcastic comments about Sheep from anyone please!
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Rachey,
How was the DFS Revision Day with Steve on Saturday? I wish I could get to those but unfortunately noone does them in Scotland..............................no sarcastic comments about Sheep from anyone please!
It was fantastic, couldn't recommend it enough.
I thought the sheep comments were for Welsh people??? lol.0 -
Thanks Tracy. I have printed that off and will study it later. Had two assignments back from Tutor. One for DFS and one for PTC. Did well in the DFS one but not so good on the PTC. So its back to studying more for PTC now! I enjoyed that book too but looks like it all hasnt stuck Aaaaaaaaagh! How's the Past Papers?
getting to grips with DFS slowly.
You?0
