P11D

This course addresses the law underpinning employer compliance in the expenses and benefits field and related practical issues. It will cover the use and completion of forms P11D, P11D(b) and form P9D together with associated benefits reporting such as the use of PAYE settlement agreements. The National Insurance aspects will be addressed and the
distinction between Class 1, 1A and 1B contributions will be considered.

WHAT WILL I GET OUT OF IT?
• a sound theoretical base from which to understand the practical issues
• increased protection against errors being found during an HMRC employer compliance visit.

KEY FEATURES
• coverage of employers’ benefits reporting
• awareness of the National Insurance consequences and the distinction between Class 1, 1A and 1B NICs
• legislation governing employers’ obligations in reporting expenses and benefits in kind
• how to address practical problems that occur
• associated NIC issues: when Class 1, Class 1A or Class 1B contributions are due and by whom
• when to use forms P9D and P11D
• dispensations and minimising the need for P11D completion
• how to enter into a PAYE settlement agreement, when to use it and how to calculate the tax and NICs.

WHO SHOULD ATTEND?
Those who prepare their organisation’s P11Ds or are responsible for their employer’s HMRC returns.

LECTURER
Lesley Fidler MA MSc CTA Chartered MCIPD, Director, Baker Tilly