Tax Update (June 2009)
P11D Returns Due
Where you have provided your employees with benefits and
expenses that require reporting on P11D you should ensure that the
return reaches HMRC by 6 July. You will have to meet the new
quality standards if you intend sending your P11D's in paper
form.
To make sure you meet the new quality standards, you must
include:
- The employer's reference
- The employee's name
- The employee's National Insurance number (NINO) or date of
birth and gender
- The list price of a car if applicable
Also:
- Section F – if box 10 is completed there must also be an entry
in box 9
- Section H – if completed, there must also be an entry in box
15.
If your P11D information is provided in a list form, you
must:
- Show the employee's name
- Show the employee's NINO or date of birth and gender
- Show the full range of expenses and benefits information from
forms P11D or P9D; including the benefit code numbers
- Ensure all the information for an employee is contained within
one page (you must not use separate pages to list each
benefit)
- Ensure the list is easy to read and in a font size not less
than Arial 11.
The penalties for late submission or incorrect returns can be
expensive.