[philcrawley21]

Good morning everyone,

I am keen to understand what approaches are taken throughout the sector regarding expenses incurred by volunteer directors while representing their CU at events, to ensure that no director is out of pocket with any tax requirements. I know that HMRC have allowance rates for overnight stays etc. which appear quite low and from reading their guidance it seems like their interpretation of ‘reasonable’ expenses is quite strict, given that there is always a social aspect to these events.

P11D forms, which we had been looking at, are set to be scrapped next year and adding directors to payroll to cover any tax is something we want to avoid.

If anyone has any information or would be willing to share their policy or approach to dealing with this then that would be greatly appreciated – if you would prefer to email me directly then please do so: philcrawley@enterprisecreditunion.org

Many thanks in advance,

Phil Crawley, Enterprise CU

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[Simon]

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Simon Haslam; Chair Derbyshire Community Bank

[philcrawley21]

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