P11D forms are due in July

Now that the 2019-20 tax year has come to an end, expenses and benefits forms P11D need to be completed for each employee and director who received expenses and benefits during the 2019-20 tax year, and the overall amount of Class 1A National Insurance contributions (NICs) has to be declared and paid by the employer.

All these forms must be submitted to HMRC by 6th July 2020 and penalties are levied for late and incorrect returns.

If we currently prepare P11Ds for you or we include the benefits in kind in your payroll, we will have already contacted you.

If we don’t usually prepare P11D’s for you but you think you may need to file a Return for 2019-20, i.e. you or your staff have recently started to receive expenses and/or benefits, we would be happy to discuss your requirements with you. Please contact Helen Sewell to discuss your requirements or call 01527 558539.