Home For accounting professionals General accounting discussion
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚


P11Ds

Hi Do I have to complete P11Ds for employees earning under £8500 for the year 2016-2017. I thought it was changing and I had to.

Comments

  • RyanMIPRyanMIP LincolnshireRegistered Posts: 50
    It depends if those employees have received any taxable expenses or benefits...
  • cazmarbcazmarb MAAT Posts: 20
    Yes they have had the benefit of health insurance
  • RyanMIPRyanMIP LincolnshireRegistered Posts: 50
    Well there's your answer.
  • cazmarbcazmarb MAAT Posts: 20
    Can I just check that this is the first year those earning less than £8500 have to pay tax on the benefit?
  • MarieNoelleMarieNoelle Trusted Regular Hampshire/Surrey borderModerator, MAAT, AAT Licensed Accountant Posts: 1,431
    New rules apply from 6th April 2016.
  • BertieBertie West Midlands Registered Posts: 376
    Cowboy.
  • CasuCasu Registered, Users Awaiting Email Confirmation Posts: 102
    cazmarb said:

    Can I just check that this is the first year those earning less than £8500 have to pay tax on the benefit?

    Have a read of the HMRC website. Sign up for agent updates. CPD required if you are offering such as a service to clients (plus good PII cover!)
Sign In or Register to comment.