Payrolling of benefits

A recent development in payroll administration means that employers can choose to deal with benefits in kind online rather than continuing to submit Forms P11D. With a genuine goal of making payroll simpler, HMRC has extended their online portfolio of services to include the voluntary reporting of many (but not all) employee benefits and expenses online and in real time. …

P11D forms demystified

What is a P11D form? Following on from the previous post on not missing the 2014-15 P11D deadline, this post explains a bit more about what P11D forms are and how to deal with them. P11D is the return that you’re required to make if your business has made benefits or expenses payments to either directors or employees or to …

Don’t lose sight of the 2014-15 P11D deadline

If you’re a director of a company and your company has provided benefits or expenses to your or your employees, you’re required by law to provide details of these to HMRC. This information is provided on form P11D.  You can download Form P11D here.  Form P11D(b) is used for reporting the amount of Class 1A National Insurance Contributions (NICs) due …