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As as a business are you providing your employees with certain benefits apart from their salary? If so, are you reporting these benefits on a HMRC form P11D annually?
Employers are required by HMRC to provide details of any and all non-monetary benefits that are provided to their employees each year. These details are to be filled in on a P11D advice and handed over to HMRC for each employee that is earning 8,500 pounds or more each year as well as the company directors.
Benefits that are provided to employees and need to reported can fall under a range of categories. These include employers providing company cars and vans that employees can also take for personal use, personal healthcare and dental care coverage, beneficial loans to employees that are over 10,000 pounds and more.
Knowing that to put on your P11D advice is important because you don’t want to miss out on any important items. Here is where we come in. Our P11Ds advice and completion services mean that you can simply hand us over your records and we will take care of the rest.
What do we do?
Call us today and you can set up an appointment to hire us to take care of all of your P11Ds advice and completion needs. Our services are always tailored to suit the needs of our client, so you will be in good hands.