P11D Service...

Are you a Director or do you have employees earning more than £8,500 per annum?

A form P11D has to be prepared for all directors (with very few exceptions) and any employees who earn more than £8,500 per annum, with expenses and benefits.

P11D forms have to be prepared for each year ended 5 April with a submission deadline of 6 July.

Do you know what needs to be included on P11D forms? The rules can be complex and our downloadable checklist gives an indication of the areas that need to be considered.

There are strict, and potentially punitive, penalties imposed by HM Revenue & Customs for the late submission or incorrect completion of the forms.

• Preparation of the P11D forms and submission to HM Revenue & Customs.
  
  
• Calculation of Class 1A National Insurance arising and advice on payment dates.
  
  
• Preparation of Section 336 claims in respect of expenses.
  
  
• Advice and assistance with regard to identifying benefits to be included on P11D forms.
  
  
• Assistance with queries raised by HM Revenue & Customs on P11D forms submitted.
  
  
• Arranging dispensations with HM Revenue & Customs for certain expense payments. Once dispensation is obtained then those expenses no longer need including on the P11D forms.
  
  
• All work is carried out in accordance with the HM Revenue & Customs Quality Standard.

In order to discuss you P11D requirements further please call:
0800 018 0590 or email info@payplus.co.uk