It’s time to submit your P11D forms

P11D submissions for the 2020/21 tax year are now due, together with payment of any associated National Insurance (NI) that’s due. The P11D form is used to report expenses or benefits that you’ve paid to your employees during the tax year.

You can complete the forms online or by post. There are penalties for late submission of the forms and for late payment of the associated National Insurance contributions (NICs).

Telling HMRC about employees’ expenses and benefits

If your employees (including directors) receive benefits in kind that aren’t processed and taxed through the normal payroll routines, they need to be provided with a P11D form by 6 July 2021.

By the same date, HMRC needs to be provided with copies of any P11D forms. You also need to provide a P11D(b) form that summarises the total benefits paid to all employees and showing any class 1A NICs that are payable. The P11D(b) covers all benefits, whether they’re taxed through payroll or not.

Because payment is irregular, it’s easy to overlook, so be sure to note down these deadlines on your to-do list:

  • Payment of the NICs is due by 22 July 2021, if paid electronically.
  • Payment of the NICs is due by 19 July 2021, if paid by cheque.

Any unused Employers’ Allowance cannot be used against these contributions – the full amount calculated is payable.

Talk to us about submitting your P11Ds ASAP

If we administer your payroll, the P11D submissions will either have been made already or are scheduled to be made shortly. If you administer your own payroll, now’s the time to get these forms filled out and the relevant NICs paid to HMRC.

If you are unsure of the values to include on your P11Ds in respect of benefits in kind, get in touch and, where possible, we’ll help you to work out these numbers.

Get in touch to talk about your P11D submissions