Admin work is not something that people enjoy doing. Moreover, filling out forms for paying taxes on the benefits provided to employees can be quite a hassle. After several years of consulting with accountancy and tax bodies, the government has announced that reporting employee benefits on form P11d will no longer be required. The date […]
Tag Archives: employee benefits
It’s that time of the year when we celebrate the spirit of giving. As the festive season approaches, you may be considering ways to give back to your employees. This could be in the form of a Christmas bonus, a fun party, and maybe a few gifts. But as you know by now gifting […]
The PSA mechanism allows you to make one annual payment to HMRC which will cover the tax and all national insurance due on the expense or benefit.
The answer normally is what on earth is a form P11d? This is a form which is used to report to HM Revenue & Customs (HMRC)
Here we remind you that you can say thank-you to your team without adding the burden of tax either to yourselves or your staff.
The festive season is now in full swing and over the next few weeks businesses will be having parties and other festivities as a way of thanking their staff