Reporting benefits on P11D

At the end of the tax year you’ll usually need to submit a P11D P11D is used by employers to report end-of-year expenses and benefits for employees who earned more than £8,500. Employees who receive Benefits in Kind (BiK) are entitled to an end of year report that outlines their benefits and expenses in the tax year. form to HM Revenue and Customs (HMRC His Majesty's Revenue and Customs is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers.) for each employee with expenses or benefits.

You also need to submit a P11Db to report your employer liabilities.

Submitting to HMRC

All P11Ds P11D is used by employers to report end-of-year expenses and benefits for employees who earned more than £8,500. Employees who receive Benefits in Kind (BiK) are entitled to an end of year report that outlines their benefits and expenses in the tax year. and the P11Db are created based on information provided when recording benefits.

  1. Select the required employer.

  2. Go to RTI Real Time Information is the current method for reporting PAYE to HMRC, comprising FPS and EPS submissions. and then select theEXB Expenses and Benefits. EXB refers to any benefits or expenses that an employee receives from their employer that are not included in their regular salary. tab.

  3. Choose the year you are reporting for from the list; this is usually the previous tax year, then select Create New EXB.

  4. The number of employees with P11D, and any Class 1A Employers pay these directly on their employee’s expenses or benefits. NICs that are due, will display. You can adjust the total benefits figure with either an addition or deduction. Select Adjust Figures and enter a description and value for any Addition or Deduction, as required.

  5. Select Create; the details will display for review.

  6. Select Submit EXB to send the P11Ds and P11Db to HMRC.

Please ensure you have correctly recorded all benefits, as HMRC does not allow re-submissions of this report.

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