P11D

HMRC online service for PAYE taxpayers

Posted by David on October 31, 2013
Expenses and benefits, News articles, Payroll / Comments Off on HMRC online service for PAYE taxpayers

HMRC has said it intends to launch a personal online service for PAYE employees, mainly to be used to ensure tax codes are up to date, particularly in the event of changes to benefits in kind. The intended launch date is April 2014, but in an initial pilot phase HMRC is looking to identify employers who provide company cars, and whose staff may be willing to review this pilot service and provide feedback.

Assuming it works as intended we would see this service as an extremely useful tool to complement RTI, but of course there needs to be clear understanding between the parties about obligatory reporting requirements and on whom these ultimately fall.

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HMRC launches on line P11D form

Posted by David on June 27, 2013
Expenses and benefits, News articles / Comments Off on HMRC launches on line P11D form

HMRC recently launched its online P11D form. The process permits smaller employers to complete an editable PDF version of the P11D return,  before submission on line.

The timing is unfortunate, as the 2012/13 form was only launched on 24/06/13, for returns which are due no later than 06/07/13. However in the long run this should be a useful addition for smaller employers who only have a few P11Ds to complete. For instance it allows the user to apply certain benefits across the board to (limited numbers of) employees. It will also perform some basic Class 1A NIC calculations

HMRC’s on line P11D form can be accessed here.  The form is intended to compliment, rather than replace, existing methods of P11D submission. For example, manual paper P11D returns are still permitted (for now at least).

Postscript:  HMRC has subsequently acknowledged that the timing of the new process may have contributed or caused delays in P11D submission! Where this is so we understand HMRC has agreed not to seek penalties for late submission if 2012/13 P11Ds are received by 04/08/13.

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ET4B Spring 2013 Newsletter

Posted by David on May 29, 2013
Expenses and benefits, HMRC, News articles, Payroll, Status / Comments Off on ET4B Spring 2013 Newsletter

019B_ET4B Spring 2013 Newsletter

In our Spring newsletter we consider a number of topical items including the ever-popular
question of employment status, an RTI update, and details of recently announced changes to
childcare tax reliefs.

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ET4Bs Spring 2012 Newsletter

Posted by David on May 01, 2012
Expenses and benefits, HMRC, National Insurance, News articles, Payroll, Status, Termination Payments / Comments Off on ET4Bs Spring 2012 Newsletter

016B_ET4B Spring 2012 Newsletter

This Newsletter contains  details of HMRC’s recent ‘IR35’ update, information on a recent stark reminder for employers operating salary sacrifice arrangements without adequate HMRC clearance, and much more.

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