Questions and Answers
My P11D is late
I have just realised I should have filed a P11D for my company car, what do I do?
Forms P11D and P11D(b) should have been filed with HMRC by 6th July 2021. Any payment of Class 1A NIC was due for payment by 22nd July 2021, 19th July if the payment was being made by post.
If you have not made the submission or payment by the relevant dates then HMRC will issue penalties and interest.
For the P11D(b) there is a penalty of £100 per 50 employees for every month, or part month that the form is late.
If you would like any advice or assistance in relation to P11Ds please contact us on 01483 415999 or use our simple online contact form to arrange a free initial consultation.
Date published 30 Nov 2021
This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.Choose the right accounting firm for you
Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?
Local business focus
We specialise in supporting independent businesses and work with 100,000 clients. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.
Come and meet us
We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our 409 locations, meet with us online through video call software, or talk to us by telephone.
Switching is simple
Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.