P11d help

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Jona 330
Jona 330 Registered Posts: 2 New contributor 🐸
in General accounting discussion
A company director based in the UK, goes to LA approx once a month on business, he has use of a vehicle and leased apartment all paid for by Company while he is over there. Does this go on his P11d, and is class 1a due?

I thought this would be a common issue, but seem to be getting conflicting advice, any further help appreciated.

Thanks

Simon

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  • jamesm96
    jamesm96 Registered Posts: 523
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    Jona 330 wrote: »
    A company director based in the UK, goes to LA approx once a month on business, he has use of a vehicle and leased apartment all paid for by Company while he is over there. Does this go on his P11d, and is class 1a due?

    I thought this would be a common issue, but seem to be getting conflicting advice, any further help appreciated.

    Thanks

    Simon

    Hi Simon,

    I'd say that, if he only stays in the apartment and uses the vehicle when he's over there on business then it's no different to paying for a hotel and a hire car; you'd treat the whole amount as a travel cost in the P&L with no effect on the P11Ds.

    If the apartment and car are also made available to him for holidays... etc then that'd be a different matter.

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