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Topic starter
21/05/2013 9:14 am
I need help -
Firstly what is a p11d?
I have just received this from my employer for a loan which is now included in my protected trust deed - how will this work as I no longer pay the loan.
Thanks
21/05/2013 9:24 am
Hi Ali
Form P11d is a form submitted to HMRC which details expenses and any benefits received by employees in each financial year.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
21/05/2013 9:25 am
Hi ali212006.
A P11D is a form that an employer has to produce about benefits that you have received as part of your employment that might be taxable.
A low-interest loan from an employer may fall into that bracket.
I'm afraid that I have no idea about the tax status of this loan given that you've gone into a trust deed. You may want to call one of the HMRC helplines to enquire.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
