Employers offering sal/sac cars are being urged to act now ahead of a P11D change. HMRC has announced changes to the reporting and paying of tax and Class 1A national insurance contributions (NICs ...

Failure to submit the P11D form will lead to a fine of £300, and an extra £60 for every day after that. If you submit the P11D (b) late, you’ll incur a £100 fine per 50 employees for each ...

P11D (b) forms, detailing the specifics of the benefit-in-kind and relevant taxes, will still need to be reported annually to ensure HMRC has accurate records. HMRC will impose penalties for employers ...

Historically there have been complications in understanding whether employers can use a manual P46/P11D process to update HMRC about the benefit, or whether to use payrolling the benefit ...