Employers who provide taxable expenses or benefits to directors and employees may need to report them to HMRC, calculate Class 1A National Insurance and ensure employees understand how the benefits have been treated. Company cars, private medical insurance, loans and other benefits can all create reporting requirements. ApC helps employers manage annual P11D reporting and benefits processed through payroll.
HOW THIS HELPS YOU
Identify reportable benefits
Company cars, medical cover, loans and other expenses or benefits are reviewed for the appropriate treatment. |
Prepare P11D reporting
Forms P11D and P11D(b), where required, are prepared from the information supplied by the employer. |
Calculate Class 1A NIC
The employer's Class 1A National Insurance position is calculated and reconciled to the reported benefits. |
Support payrolled benefits
We can review benefits processed through payroll and help employers maintain suitable data and processes. |
Meet key deadlines
A managed timetable helps information, submissions and payments reach HMRC when required. |
Connect payroll and tax
Benefits can be considered alongside payroll, accounts, Corporation Tax and personal tax matters. |
THE ApC DIFFERENCE
ApC brings payroll, tax and accounts experience together. We already support clients who payroll benefits, giving our team practical experience of the calculations, data flow and employee communications involved. Where we also provide payroll or accounts services, we can help keep the information consistent and identify director or employee tax matters that might otherwise be missed.
OUR SERVICE CAN INCLUDE
- Annual P11D and P11D(b) preparation where required
- Class 1A National Insurance calculations
- Review of taxable expenses and benefits
- Payrolled benefits setup, review and ongoing support where agreed
- Reconciliation with payroll and company accounts
- HMRC correspondence and employee information support where agreed
Ask ApC to review your P11D process and payrolled benefits before key reporting deadlines.
Under HMRC's current timetable, mandatory payrolling starts from 6 April 2027 for certain benefits, with most other benefits following from April 2028.