News

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.