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P11D Filing and Class 1A NIC Payment Deadlines

Forms P11D, and where appropriate P9D, which report details of expenses and benefits provided to employees and directors for the year ended 5 April 2014, were due for submission to HMRC by 6 July 2014. Any Class 1A National Insurance liability arising for an employer on expenses/benefits provided to an employee must be paid to HMRC by 19 July 2014 (22 July 2014 where payment is made electronically).

Employees pay tax on benefits provided as shown on the P11D, either via a PAYE coding notice adjustment or through the self assessment system. In addition, the employer has to pay Class 1A National Insurance Contributions at 13.8% on the provision of most benefits. The calculation of this liability is detailed on the P11D(b) form.

Typical reportable benefits include:

·       Company Cars

·       Cheap or Interest Free Loans

·       Season Tickets

·       Medical costs

·       Private Medical Insurance

·       Fuel for company cars

Generally, an employer is liable for tax on payments and benefits provided to the employee and to members of the employee’s household where they are provided by reason of the employment.

If you would like any help with the completion of the forms or the calculation of the associated Class 1A National Insurance liability please get in touch.