skip to Main Content

We Want To Hear From you

Have a comment or question? Send us a message.

Get In Touch With Us Today

If you have got questions, we have the answers. Just send us a message and one of our accountants will be in contact with you within 48hrs – even on weekends and holidays.

    Your Message

    Stop By Anytime

    We are open: Monday to Friday from 9am to 7pm and Saturday from 10am to 5pm

    18 - 20 East Street
    Bromley, BR1 1QU

    At Adiva Accountants all initial consultations are free of charge, so contact us today.
    For quality, competitive, and friendly accountancy services, please contact

    Adiva Accountants

    on 020 8313 9117 or via email at contact@adivaaccountants.co.uk.

    At Adiva Accountants we have the knowledge and the experience to provide you with the kind of accounting and tax services that you are looking for. At Adiva Accountants we look forward to discuss with you, without obligation, ways in which we may be able to help your personal or business needs.

    Alternatively, you can complete the contact form here and we will respond as soon as possible.

    Directors of Adiva Accountants have over 10 years’ experience of providing accountancy services. They have completed Bachelor and Masters degrees in Accountancy, Taxation and Business Management. Additionally, they have completed various accountancy qualifications such as ACCA, AAT, etc. So, they hold various accountancy degrees and qualifications up to chartered certified accountant.

    They can advise you on many other things, such as how to get the best price when you come to sell your business. Or on how to satisfy the banks conditions when you need help with finance. Or on how to keep creditors, insurers and suppliers happy, etc. Their expertise covers income tax, capital gains tax, corporation tax, VAT, payroll and many more.

    They can help with dealing with Inland Revenue investigations also.


    Parking

    There are parking bays right in front of the office, please be careful not to park in loading bays. Parking costs £1.90 per hour (maximum stay 2 hours). Alternatively, you can park in Sainsbury’s car park, which is just 1 minute walk away from the office. Parking there is completely free for 30 minutes and would be free for up to 2 hours provided you spend £10 in Sainsbury’s. Our office is at 18-20 East Street, Bromley BR1 1QU, which is opposite of O’Neill’s pub and TruGym.

    Alternatively, there is a big car park (1,500 spaces) in the INTU Bromley Shopping Centre (formerly The Glades). Parking costs £1.10 per hour for every day of the week. The shopping centre car park address is: The Glades, High Street, Bromley, BR1 3EF.


    By car

    If you drive to our office in Bromley, please enter this address in your Satnav 18-20 East Street, Bromley, BR1 1QU. From Orpington, you can take A232, then A21. From Beckenham, you can take A222. From Eltham, you can take A208B226A2212, then A21. From Lewisham and Catford, you can take A21. From Croydon, you can take A232A233, then A21. From Kent, you can take A21. From North and East London, you can take the Blackwell tunnel southbound, A2A2213A20South Circular RoadA2212, then A21. From West London, you can take South Circular Road to Catford, then A21.


    Public transport

    We are situated in Bromley East Street, which is served by Bromley South and Bromley North train stations, they are about 5-10 minute’s walk away oesterreichischeapotheke.com/. There are direct trains from London Victoria, London Bridge and London Blackfriars to Bromley South station. Bromley South is connected by direct trains to major towns around London and in Kent such as St Albans, Orpington, Sevenoaks, Ashford, Gillingham, and Ramsgate.

    The main bus routes serving Bromley High street are 61, 119, 138, 146, 208, 227, 246, 261, 269, 320, 336, 352, 354, 358, and 367.

    Chartered Certified Accountants       Call us: 020 8313 9117 contact@adivaaccountants.co.uk
    We're currently open.

    What are the changes to the main employee expenses?

    HMRC have introduced an exemption regime for employee expenses. If the necessary conditions are met, the expenses are tax exempt and non reportable on form P11D. If your company operates in Swanley, Bromley, Kent and London areas, Adiva Accountants in Swanley can provide guidance on these changes.

    This factsheet covers below the operation and reporting of expenses and benefits. There is a new exemption regime for such expenses. As long as the necessary conditions are met, there is no need to report these items on P11Ds. To meet these conditions the business must be satisfied that the employee would be entitled to full tax relief on expenses reimbursed to the employee.

    The new regime

    In the past when an employee incurred expenses they were treated as earnings. Then the employer reported them on the annual form P11D. The employee was then allowed to make a claim for tax relief to the extent that the expenses were business expenses. Later dispensations were introduced as a way of simplifying the process. So, the employers could apply to HMRC to dispense with the need to report certain expenses on the P11D. This removed the need for the employees to make claims.

    If the HMRC were satisfied that the employee would have been entitled to full tax relief on that payment or benefit, the dispensation was given. Many employers applied and used dispensations, but many smaller or unrepresented employers did not do so.

    From 6 April 2016, all existing dispensations came to an end and businesses will no longer be able to apply for a dispensation. A new exemption has been introduced instead. This means that businesses will not have to pay tax and NIC on paid or reimbursed expenses payments, or put them on a P11D. The new exemption places the onus on employers to determine whether employee expenses are fully deductible for tax purposes.

    The types of expenses

    The main types of expenses to which the exemption applies are:

    • travel and subsistence
    • fees and subscriptions
    • business entertainment

    All other non-allowable expenses will still be reportable on a P11D and/or subject to PAYE (and possibly NIC). Same as before employees will be able to claim tax relief in respect of unreimbursed business expenses.

    This new exemption will not apply to expenses or benefits provided under a relevant salary sacrifice. This includes any arrangement where an employee gives up the right to receive earnings in return for tax free expenses payments. Or where the level of their earnings depends on the amount of any expenses payment.

    If your company operates in Swanley, Bromley, Kent and London areas, Adiva Accountants in Swanley can advise you on the changes to P11Ds. Please do not hesitate to contact us at Adiva Accountants in Swanley.

    Categories: Bookkeeping, PAYE in Canary Wharf and London
    Back To Top