The deadline for filing your 2014/15 returns of benefits and expenses paid to employees is 6 July 2015. There can be significant penalties for incorrect returns, so ensure all information submitted is correct.
Remember, it is not just benefits in kind that need to be reported on the P11D return unless the employer holds a dispensation from HMRC. Employees’ and directors’ reimbursed expenses (such as travel and subsistence) also need to be reported.
If you have not already completed your return, we can assist you with completing the forms and help you put in place control procedures that will satisfy HMRC’s requirements to grant a dispensation from reporting certain expenses.
If we already complete the form on your behalf, please ensure the signed document is returned to us in good time for onward submission to HMRC in advance of the filing deadline of 6 July 2015.
For further information or help with your form P11D please call Tracy Davis on 01733 372685 or email her at: tracy@greenstones.co.uk