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Taxable benefits / P11D

If you provide taxable benefits or benefits in kind (BIKs) to your employees, for example company cars or medical insurance, you need to submit a P11D(b) form to HMRC by 6 July each year.

You can either include the cash equivalent value of the benefits in your payroll and deduct the tax, or complete form P11D for each employee. 

Sage 50 P11D is a convenient way to help you manage your employees’ taxable benefits and calculate Class 1A National Insurance.  It’s easy to use and there’s no requirement for in-house experience.

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