This is the new checklist for Benefits.
You can read the guide belonging to this checklist
Checklist for expenses and benefits from employment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Review of benefits and expenses |
|
|
|
Yes |
No |
N/A |
|
|
|
|
|
|
|
|
|
|
|
1 |
Have all reportable benefits and expenses payments been identified and reported? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
Have all vouchers, credit/debit cards or other cards given to directors or employees been reported appropriately? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 |
If any directors or employees have employment related loans, has |
|
|
|
|
beneficial loan interest been reported appropriately? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
Have any loans waived or written off during the period been taxed or reported as necessary? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vehicles |
|
|
|
|
|
|
|
|
|
5 |
Have all company vehicles available for private use been identified? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 |
Has the correct list price been used to calculate the car benefit charge? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7 |
Have all van benefit charges been reported? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8 |
Have any company vehicles made available to a member of the directors' or employees' family or household been reported |
|
|
|
|
appropriately? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9 |
If a car or van is regarded as pooled have all the necessary conditions been met? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10 |
If fuel is provided for company vehicles has the correct fuel benefit |
|
|
|
|
charge been reported? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11 |
Where a director or employee uses their own vehicle for business |
|
|
|
|
journeys, have all mileage payments which exceed the approved |
|
|
|
|
amount been reported? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12 |
If an Employee Car Ownership Scheme arrangement has been used, have |
|
|
|
all of the necessary conditions been met? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Travel, subsistence and entertainment |
|
|
|
|
|
13 |
Have payments for travel and subsistence been reviewed and reported appropriately? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14 |
If travel and subsistence payments have been made for travel to a |
|
|
|
|
temporary workplace, have all the conditions been met? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15 |
Has the cost of entertaining been reported appropriately? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
16 |
Have all staff functions been reviewed to ensure that they qualify as exempt from tax? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Personal bills |
|
|
|
|
|
Yes |
No |
N/A |
17 |
Have all directors' or employees' personal bills been identified and |
|
|
|
|
treated appropriately? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18 |
Have all payments made for household expenses been reported? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Use or transfer of assets |
|
|
|
|
|
|
|
19 |
If there is any private use of mobile phones or devices has this been dealt |
|
|
|
with appropriately? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20 |
If the employer provides living accommodation has the benefit been |
|
|
|
|
reported appropriately? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21 |
Has the annual value of the use of land and buildings (other than living accommodation) placed at the directors' or employees' disposal |
|
|
|
|
been reported? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
22 |
Has the annual value of the use of any asset (other than land and |
|
|
|
|
buildings) placed at the directors' or employees' disposal been reported? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
23 |
If an asset has been transferred to a director or employee has the correct value been used? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
24 |
Has the residual cost of any in-house benefits, for example goods or |
|
|
|
|
services provided by the employer been reported? |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|