Key tax deadline approaching
The first week of July brings another key tax deadline for employers. What needs to be submitted, and when is the due date?

As an employer, if in the year ended 5 April 2023 you provided taxable benefits in kind or expenses to one or more of your employees or directors, details must be reported on Forms P11D no later than 5 July 2022. Forms P11D are not required for benefits and expenses that you have taxed through your payroll.
You must also complete a declaration Form P11D(b). This must reach HMRC on or before 5 July. The declaration is confirmation that you have reported all taxable benefits and expenses and shows the corresponding amount of Class1A NI you’re liable to pay. The Form P11D(b) is required for benefits and expenses reported on Forms P11D and those which have been taxed through your payroll.
You’re required to provide HMRC with details of all lump sum payments made in 2022/23 to employees or former employees in connection with the termination or variation of their employment.
Related Topics
-
Are you ready for the PAYE end of year?
The 2024/25 tax year ends in just a few weeks. As an employer this means extra payroll duties. Apart from submitting the usual reports, what else ought you be considering?
-
Man Utd is cutting staff perks. Should, and can, you?
Manchester United FC is to end free hot meals for its staff as part of a cost-cutting exercise. If you want to withdraw staff perks such as free food, tea and coffee to save on business costs, can you do so?
-
HMRC’s official rate of interest set to increase
HMRC’s official rate of interest will increase from 6 April 2025. What does it apply to, what is the new rate and what else is changing?