P11d's

What is a P11d?

• This is a form that tells HM Revenue & Customs about the benefits and expenses given to the directors and some employees of a company.
• It is the employer's responsibility to ensure that these forms are completed and submitted to HM Revenue & Customs by the filing deadline of 6th July following the end of the tax year. Failure to comply with this deadline will lead to penalties.
• There may be some national insurance (Class 1A) to be paid by the employer on some of the benefits and this will need to be paid by 19th July.

At Turnbull Associates*, we will advise you on what benefits and expenses need to be included on the form P11d. We can prepare the forms for you and advise you of the tax liabilities. So long as you give us the right information at the right time, we can ensure that you will not be penalised by HM Revenue & Customs for late submission.

For further information please email Kathy Jones.

* Turnbull Associates is the trading name of Turnbull Associates Limited.