Have you filed your P11D/ P11D(b)

The deadline is fast approaching for employers to file details of their employee’s expenses and benefits for the 2017/18 tax year.

You will need to submit a return to HMRC to confirm the Class 1A National insurance contributions due. Depending on how you have treated your Benefits in the 2017/18 will depend on which forms you will need to submit.

If you have been ‘Payrolling’ your expenses and benefits
For Employers that have been taxing benefits through the payroll for your employee (called ‘payrolling’ your benefits), you should have registered this with HMRC before the start of the tax year (6 April 2017).

You are therefore not required to submit a P11D form for employees if you’re paying tax on all their benefits through your payroll. However, you’ll still need to submit a P11D(b) form so you can pay any Class 1A National Insurance you owe.

For Employers that have not been ‘Payrolling’ your expenses and benefits
You will need to complete a P11D for each employee that has received expenses a Benefits in 2017/18, as well as complete the P11D(b).

Deadlines:

6th July 2018 is the deadline for:
Submitting P11D to HMRC (online)
Giving your employees a copy of the information on the P11D
Telling HMRC the total amount of Class 1A National insurance you owe on the form P11D(b)

Payments of the Class 1A National insurance must reach HMRC by 22nd July (19th July if you pay by Cheque).

Contact us
Contact the payroll team by completing the form on our website. Alternatively, you can call us on 020 8977 3559 at our Hampton Wick office to speak to an adviser.