Businesses should be aware that the filing day for 2008/9 P11D and P11D (b) forms is looming: 6th July 2009.If you aren't sure what these forms are, they relate to expenses paid to any employee (and director) who earns over £8,500 per year. The P11D is submitted to the relevant tax office and employees given a copy. Some may also need to complete Form P11D (b), which shows Class 1A National Insurance contributions on expenses and benefits.
Those employees who filed paper P11D (b) form last year should have been sent new paper forms and a payslip. Businesses who submitted online forms last year will have been sent an online reminder to file the form before the deadline.
It is worth checking if it has been done in your business.
Gareth
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