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P11 Deduction Working Sheet P11 Deductions Working Sheet P11  Form

P11 Deduction Working Sheet P11 Deductions Working Sheet P11 Form

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what is a p11d form this is a form that is used to report additional benefits that you pay your employees you already pay your employees a salary i hope and if you pay them anything in addition to this such as gym membership private health care for example a vehicle then this needs to be reported to hmrc on what's called a form p11d the form covers the tax year so it goes from the 6th of april round to the 5th of april and it has to be filed by the 6th of july following the end of the tax year a form needs to be completed for every individual employee that receives a benefit in kind national insurance has to be paid by the employer on the value of that benefit there's different ways of calculating the value of the benefit depending on what it is but the most important thing is that the employer has to pay national assurance and the employee has to pay tax on that benefit the employee can pay their tax via a tax return if they already do one or via their tax code being a

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