HM Revenue and Customs (HMRC) has already confirmed that they would like to see the end of submissions of forms P11D. The last Autumn Statement has confirmed that payrolling benefits will go ahead in April 2026. So how are you planning for payrolling benefits? Currently, there are two ways you can report employee benefits: You […]
Tag Archives: p11d
Admin work is not something that people enjoy doing. Moreover, filling out forms for paying taxes on the benefits provided to employees can be quite a hassle. After several years of consulting with accountancy and tax bodies, the government has announced that reporting employee benefits on form P11d will no longer be required. The date […]
The PSA mechanism allows you to make one annual payment to HMRC which will cover the tax and all national insurance due on the expense or benefit.