A P11D is a form that must be submitted by UK employers to report any non-cash benefits provided to employees e.g. company car, gym membership, health insurance.
You can learn more about what it is and why it exists in our article on P11D and employee benefits.
Working out if you have to submit a P11D form
To figure out if you might need to submit a P11D, ask yourself the following:
- Have you provided company cars or fuel for private use?
- Have you paid for private medical insurance or other insurance benefits?
- Have you reimbursed employees for personal expenses?
- Are there any salary sacrifice arrangements in place for employee benefits?
- Have you provided beneficial loans, including interest-free loans?
- Have you provided living accommodation or other non-cash benefits?
- Have you provided staff entertainment, gifts, or perks outside HMRC exemption limits?
- Have you paid any employees' personal liabilities?
Company vehicles and employee perks are common areas of confusion, so if you are unsure whether your business needs to file P11Ds, please contact your accountant.
Exemptions
There are a handful of benefits that can be provided to employees without having any tax implications. These don't need to be included on a P11D form.
These include:
- Meals in a staff canteen
- Hot drinks and water at work
- A mobile phone
- Workplace parking
- Recognition and awards such as long service awards (cannot be cash)
- Staff welfare services such as counselling
- Certain small gifts/vouchers costing less than £50
P11D deadline
The P11D form is generally due to HMRC by 6 July following the end of the tax year.
As your accountant, we can help with submitting your P11D form. Contact your Beany accountant directly or reach out to our support team for more information.