Accountant Advocate

Payrolling Benefits in Kind – Everything you need to know

Menzies

APRIL 23, 2024

The Payrolling Benefits in Kind scheme was set up by the UK Government in 2016 and this refers to the practice of processing employees benefits through the payroll rather than on a P11d. The purpose of this scheme was to make declaring and paying tax on benefits easier, compared to the previous method of submitting P11D forms.

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It’s almost P11D season - what is it, and why do you have to pay it?

Inform Accounting

MARCH 15, 2023

In short, a P11D form allows you to inform HMRC of any benefits you’ve given to employees outside of payroll, so that the correct tax can be paid by your employees. In this blog we take a deeper dive into P11Ds, when they might arise, and what you need to do as a result. Why do you have a P11D?

payroll

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Accountant Advocate

Payrolling Benefits in Kind – Everything you need to know

It’s almost P11D season - what is it, and why do you have to pay it?

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