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Yourpay Payroll Bureau - Dealing with the Revenue |
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- Production and reconciliation of end of year form P35 together with P14 and P60 forms, meeting the necessary deadlines.
- Comprehensive coverage of Statutory Sick Pay and Statutory Maternity Pay.
- Inland Revenue and DSS enquiries dealt with including inspection visits.
 We are confident that using our payroll service will be cost-effective for your business, and as every client is different we would be pleased to discuss your requirements and provide you with a competitive, no obligation quotation.
In addition we also prepare many P11Ds. P11Ds must be completed for each employee and director of a company as tax is payable on all benefits they receive from that company.
Typically, these include:
- Company cars
- Private fuel being paid for
- Private healthcare
- Health club membership
- Home telephone bills paid by the company
Your tax coding will often collect the tax due on these benefits via PAYE but at the end of each year a P11D must be completed to advise the Inland Revenue of benefits to each employee during the tax year.
The Inland Revenue are now taking a much stronger line with the enforcement of P11D rules. They must be submitted each year by 6th July and National Insurance on certain benefits must be paid by 19th July.
You will also need to give details on the P11D about expenses paid personally by employees and refunded by the company.
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