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Changes to P46(Car) reporting from April 2011
Wednesday, October 20th, 2010
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HMRC has published updated technical guidance for payroll system developers on expenses and benefits reporting, relating to online submissions of forms P11D, P9D and P11D(b) for the 2010/11 tax year, and form P46(Car) from the start of the 2011/12 tax year.
There are no changes being made to P11D, P9D and P11d(b) reporting.
The key change to P46(Car) reporting from April 2011 is the reintroduction of the provision of a replacement car as one of the five reasons for completing the form. The five reasons are:
- the provision of a first car
- the provision of a replacement car
- the provision of an additional car
- the change in the employee’s status from a P9D employee to a P11D employee (i.e. the employee’s earnings rate reaches £8,500 or the employee becomes a director)
- a car is withdrawn.
Another significant change reflects the new car benefit charge structure from April 2011. The P46(Car) form will no longer accept the following fuel types:
- P petrol
- H hybrid electric and petrol
- B bi-fuel petrol and road fuel gas, with emissions rating for gas, and road fuel gas only
- C bi-fuel petrol and road fuel gas, with emissions rating for petrol
- G bioethanol
- L diesel, Euro 4 compliant.
The only permitted fuel types from April 2011 are
- A petrol, hybrid electric and petrol, bi-fuel, road fuel gas only, bioethanol
- E zero-emission, including electric
- D diesel, all types
These changes to P46(Car) reporting will only affect P11D reporting from April 2012 when benefits and expenses for 2011/12 have to be reported.
And, just in passing, online filing now allows cars with a reportable value in excess of £1 million to be reported!
Further information:
Business Rules – Expenses and Benefits 2010/11 – P46(Car)
