benefits of p11d reporting

Payrolling of benefits and P11D reporting

By Payroll-help

Employers who have local agreement to payroll benefits and expenses must still submit completed P11Ds or equivalent lists. Despite HMRC consideration of formal procedures for replacing P11D reporting with payrolling of benefits and expenses, existing legislation requires employers to submit P11Ds or equivalent lists even if they have local agreements to process the tax liabilities [...]

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Payroll Update 2013