HMRC reminder about penalties
Where an employer is required to file forms P11D and P11D(b) for 2009/10, these must reach HMRC by 6 July 2010.
Employers must file a form P11D or P9D for each employee to whom they have provided expenses and benefits during the tax year, and one form P11D(b) to declare the overall amount of Class 1A National Insurance contributions (NICs) due on all the expenses and benefits the employer has provided.
HMRC says that it is important that employers submit any outstanding 2009/10 P11Ds and P11D(b)s as soon as possible. HMRC needs the information to make the necessary adjustments to employees’ tax codes.
HMRC has also issued a reminder specifically about the 2009-10 Expenses and Benefits forms P11D(b) – the employer’s return of Class 1A National Insurance contributions.
If you file your P11D(b) late, you’ll be charged a penalty of £100 per 50 employees for each month or part month your return is outstanding after the 6 July deadline. HMRC will send you a penalty notice advising you of the amount you’re being penalised, and telling you how you can pay it.
Some employers will not need to submit P11Ds or P11D(b)s, but if so they will need to make sure that HMRC is aware of that.
For more information see HMRC’s website End-of-year forms at a glance: P9D, P11D, P11D(b).