Employers will need to submit a P11D form if their employees are receiving benefits of any type on top of their salary. Here’s everything you need to know. We’re well into a new tax year, but that ...

Anyone who gets 'benefits' as well as working will need to have a firm submitted to the Government before July 6, experts ...

A P11D form is sent to HMRC by UK employers outlining the cash value of any work-related taxable expenses and taxable benefits you've received over the tax year, such as a company car. These are only ...

P11D (b) forms, detailing the specifics of the benefit-in-kind and relevant taxes, will still need to be reported annually to ensure HMRC has accurate records. HMRC will impose penalties for employers ...

“If a nursery scheme should have been taxable and the employer has not declared this as a benefit in kind, on their P11D form or via payroll, HMRC can go back up to six years to check whether tax ...

on their P11D form or via payroll, HMRC can go back up to six years to check whether tax exemption has been claimed when it shouldn’t have been. “There may be interest and penalties going back ...

Currently, employers report these expenses in a P11D form. The new system will see HMRC requiring this information in "the digital moment", with income tax collected every month rather than annually.

These forms also have to be submitted for each employee who has received benefits. Additionally, if HMRC has sent a P11D(b) reminder and you don’t owe any Class 1A NI, you still need to submit a ...