Benefits Reporting - Form P11D
If you provided staff members with any expenses and benefits, or you received any expenses and benefits from your employer in the 2024-25 tax year, you may need to submit a P11D to HMRC.
The following are examples of expenses/benefits that would need to be reported on Form P1
Company cars.
Loans for rail season tickets.
Other loans, such as loans to staff or directors.
Health insurance.
Assets provided to an employee that have significant personal use.
Self-Assessment fees paid by the company.
Non-business travel expenses.
Non-business entertainment expenses.
All P11D’s must be filed by 6th July 2025 and if there is a National Insurance liability to pay, this must be paid to HMRC on or before the 22nd July 2025.
The tax tip is provided for general guidance only; further advice should be sought, for specific issues.
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