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    PAYE and NIC - Pay as you earn - Other payments and deductions - 40905

    Employers often remunerate their employees by way of benefits in kind. In addition, an employer is required to make certain payments in compliance with state-imposed obligations.

    Are clients aware of the NMW rule changes?

    The national minimum wage increases went ahead as planned in April 2020. However, the new rates aren’t the only thing to have changed. What else do you need to make your clients aware...

    Changes to PSA settlements

    With the deadline for paying tax on 2016/17 PAYE settlement agreements (PSA) just a few weeks away, HMRC has unveiled some changes. As an employer, how might they affect you?

    Tackling practical problems with payrolling benefits

    Since April 2016 employers have been allowed to tax benefits in kind through their payrolls. This avoids having to report them on Form P11D and ensures the correct tax is paid. But can this work...

    Payrolling benefits in kind - should you opt in?

    A new voluntary payrolling system for certain benefits in kind arrives on 6 April 2016, but you need to register upfront. When will it be worthwhile and what do you need to do if you or your...

    Retrospective expenses payments and P11Ds

    In late 2015 a company reimburses a director’s expenses incurred in 2014/15 and shows the cost in its accounts for that year. Should it now submit a P11D for 2014/15 and will that trigger a...

    Can you avoid paying tax on your 2014/15 benefits?

    In 2014/15 your company paid a few of your personal bills and your accountant has shown them as benefits on your P11D. Is it too late to use your director’s loan account to cancel the benefit...

    It’s P11D time!

    HMRC has released its 2014/15 benefits and expenses Form P11D plus updated guidance to go with it. Is there anything new to watch out for?

    Making use of a PSA

    Usually, where your company provides benefits to directors or employees they’ll pay the tax on these. But are there advantages to HMRC’s scheme which allows your company to settle the tax...

    Benefits - to declare or not to declare?

    When it comes to filling in Forms P11D there are some tricky rules to cope with. One of these is having to declare and pay NI on benefits-in-kind (BiK) given to your staff by other people. In...