Hello,
Just wondering if anyone knows which benefits option to report private fuel? Basically, Directors are refunded all fuel costs private which is all personal use, I cant seem to find the correct screen to report this?
Thanks
Keith
Hello,
Just wondering if anyone knows which benefits option to report private fuel? Basically, Directors are refunded all fuel costs private which is all personal use, I cant seem to find the correct screen to report this?
Thanks
Keith
Hi Keith,
If the private fuel is provided as part of a company car, there is a tick box in the company car benefit screen for “private fuel provided”. If this is selected it will calculate a P11D cost for fuel alongside the car.
A specific benefit for private fuel only is not listed, however, within the miscellaneous benefits screen there is an option for “private car costs”.
It may be worth speaking to HMRC to clarify how they want you to record your benefit and where on the P11D form they want your benefit to appear. We can advise which benefits will appear in certain boxes.
*Community Hub is the new name for Sage City