Don't miss our latest expert webinar on the key issues to consider when completing P11D expenses forms
As finance professionals it is crucial that P11D forms are completed accurately and in a timely fashion.
In a recent Croner-i survey, 84% of finance professionals admitted facing issues when it came to reporting benefits and expenses on P11D forms.
The penalties for incorrect or late submission can be severe, with potential fines of up to £3,000. Such consequences can significantly impact an organisation's financial standing and reputation.
To address these challenges and provide support to fellow finance professionals, we will be running a webinar focused on mastering P11D reporting.
Presented by our employment tax expert, Martin Jackson, the P11D webinar will take place on Tuesday 30 May at 2pm.
During this session, we will delve into the intricacies of P11D reporting and ensure that you remain up to date with the latest requirements.
The key topics will look at the tax and National Insurance contributions (NICs) treatment of benefits and expenses; pecuniary liabilities and their treatment; determining whether to report marginal cost, market value, or salary sacrifice; and the availability of tax relief options.
It will also cover trivial benefits, cycle to work schemes, pool cars and miscellaneous exemptions.
Sign up for our webinar on Tuesday 30 May at 2pm.