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Latest tax tips & news
Jan 2025
Electronic returns of benefits and expenses
Newsletter issue – April 2023
In February 2022 HMRC suddenly withdrew the interactive online PDF form for reporting expenses and benefits for employees (form P11D). Employers were forced to submit their P11Ds electronically or go back to using paper P11D forms.
In the February 2023 edition of the Employer Bulletin HMRC has made it clear that paper P11D and P11D(b) forms won't be accepted for the tax year 2022/23 or any other year. Also, paper amendments for P11D forms for earlier years will be rejected from 6 April 2023.
The deadline for submitting P11D forms for 2022/23 is 6 July 2023.
There are now only two options open to employers to submit P11Ds - both of which are electronic:
- Use commercial software
- Use HMRC's PAYE online service
The HMRC PAYE online service can be used for up to 500 employees. HMRC will be running webinars about submitting P11D forms during May, June, and early July.