Class 1A and P11D

Class 1A and P11D

Almost all employers encounter problems at the end of the tax year when completing forms P9D, P11D and P11D(b)

and in particular when calculating the taxable benefit and their Class 1A NICs liability. Getting things wrong can prove very costly and failure may result in heavy fines and / or penalties which could be as much as £3,000 per P11D.

It incorporates all recent statutory changes and utilizes examples and exercises (as well as the worksheets supplied by HMRC) to enable you to fully understand and apply the statutory requirements for completing these documents.

Who Should Attend?

All staff who have any obligation in Class 1A or P11D recordings and declaration should attend this course. It caters for staff that are completely new to the requirements, or those wishing to update their knowledge to ensure they remain compliant with the stringent HMRCs guidelines.

Course Content

· Statutory Duties

· Company Cars

· Beneficial Loans

· Relocations

· Round Sum Allowances

· Travelling, Subsistence and Other Expenses

· Entertainment

· Penalties

· Telephones (Home)

· Subscriptions

· Company Vans

· Vouchers / Credit Cards

· Class 1A Calculations

Course Aims

On completion delegates should be able to:

· Calculate Class 1A National Insurance correctly

· Complete P9D, P11D and P11D(b) returns with confidence

· Know the time limits

· Understand how employees will use these forms, especially with Self Assessment