Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hello Ed, I am one of the experts on Just answer and pleased to be able to help you with your question.
Is the P11D being issued by tour employer correct? Are you indeed receiving benefits in kind?
Unfortunately, your accountant is correct.
You should approach your tax office to arrange for a correct tax code to be issued.
You will have to take up the incorrect P11D with your employer. If you are a member of a Trade Union they may have more clout than you personally.
I am so sorry to have to rain on your parade.
You might be better off not having a company car, buying your own and getting paid 45p per mile (25p after 10000 miles) from your employer. Such mileage payments are outside the scope of UK taxation.
It appears that your employer has a rather limited understanding of its tax responsibilities. That is why I suggested a Trade Union to take up the matter.
You could ask them for a loan, but if no interest were charged that would be another benefit in kind.
I fear not very far! Remember that you have to earn it to pay tax on it, but it doesn't help where HMRC allow a Personal Allowance to which you are no longer entitled.
Please be so kind as to rate me before you leave the Just Answer site.
Thank you for your support.