P11Ds Completion - Practical Issues

This timely session reviews a range of practical tax and related National Insurance connected with the completion of the annual P11D forms and the related P11D(b).

As such it is suitable for staff members who deal with these issues on an annual basis and would like a refresher before completing 2020/21 P11Ds particularly if they feel they rely on computer software to get things right. It will also be of  some relevance for staff who need to be up to date when dealing with payrolled benefits.

It is also suitable for those who perhaps have a basic understanding of employment benefit and expense related taxation matters but have not recently been involved and need an up to date concise and practical refresher.

The session is not generally aimed at those new to the profession. For an introduction to Employment Benefits and P11Ds see our e-learning workshop

Specifically the following practical issues will be considered:

• What was new for 2020/21 including COVID specific matters
• The P11d quality standard and common mistakes
• P11D and P11d (b) omissions and errors - the impact and correction procedure
• Payroll or P11D - getting National Insurance aspects right
• Expense reporting - understanding the statutory exemption
• Common pitfalls and problem areas when calculating and reporting key benefits
• Looking ahead to 2021/22 for benefit changes