At the end of each tax year, by law, you must provide HM Revenue & Customs details of any expenses payments, benefits or facilities provided to the directors and employees of your business. These details should be submitted by the way of a P11D form for each individual employee or director. You must also include any expenses payments, benefits or facilities provided to the directors' or employees family and household. Depending on the details stated on the P11D your business may be due to pay Class 1A National Insurance Contributions to HM Revenue & Customs.

The P11D forms should be submitted to HM Revenue & Customs no later than 6 July 2011 along with the P11D(b) forms which detail any Class 1A National Insurance Contributions due to HM Revenue & Customs. Any payments of Class 1A National Insurance Contributions should be paid no later than 19 July 2011. Penalties will apply for any late or incorrect P11D and P11D(b) forms submitted.

Should you require any assistance or further advice with this subject please call either John Langlands or Lynne Vaughan on 01382 312140.

Alternatively, please refer to the HM Revenue & Customs P11D Guide 2010/11 link below for further details.

www.hmrc.gov.uk/guidance/p11dguide.pdf