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Benefits

Mandatory Payrolling For Benefits In Kind

Mandatory payrolling for Benefits In Kind was originally expected to start in April 2027, but following industry pressure, it will now be introduced in two phases. Many benefits will not be mandated until April 2028. Phase 1 will continue to be rolled out from 6 April 2027, with Phase 2 starting a year later on […]

Read more August 18th, 2026

P11D Form Deadline Approaches

P11D forms for reporting expenses and benefits in kind provided to employees and directors in 2024/25 need to be submitted by 6 July 2025. Note that paper forms are no longer acceptable; the return must be made online using PAYE Online for employers or commercial software. Remember that reimbursed expenses no longer need to be […]

Read more June 16th, 2025

Child Benefit Increases From 7 April: What Employers Need To Know

From 7 April 2025, families receiving Child Benefit will see an increase in their payments. HM Revenue and Customs (HMRC) has announced that the weekly rate will rise to £26.05 for the eldest or only child and £17.25 for each additional child. This means an annual payment of £1,354.60 for the first child and £897 […]

Read more April 3rd, 2025

Report Employee Benefits On Form P11D By 6 July

P11D forms for reporting expenses and benefits in kind provided to employees and directors in 2021/22 need to be submitted by 6 July 2022. Remember that reimbursed expenses no longer need to be reported where they are incurred “wholly, exclusively and necessarily” in the performance of the employee’s duties. HMRC do however expect internal controls […]

Read more June 19th, 2022

Not All Benefits Need To Be Reported On P11d

Despite the coronavirus lockdowns HMRC still expect P11d forms reporting expenses and benefits to be submitted by the normal 6 July deadline. Remember that reimbursed expenses no longer need to be reported where they are incurred wholly, exclusively and necessarily in the performance of the employee’s duties. Dispensations from reporting are no longer required, although […]

Read more June 15th, 2021

Still Considering An Electric Company Car?

There is currently a zero P11d benefit for the drivers of electric cars in 2020/21. The legislation for this change is included in Finance Act 2020 which also states that the benefit will be 1% of list price in 2021/22 and then 2% in 2022/23. The zero taxable benefit also applies to hybrid cars emitting […]

Read more October 14th, 2020

Company Vans As Motor Cars

The Court of Appeal have now ruled on the tax status of certain vehicles provided to employees of Coca Cola. The court has upheld the HMRC view that vans with windows and a second row of seats behind the driver are not goods vehicles but motor cars for benefit in kind purposes. Consequently, the income […]

Read more September 7th, 2020

Which Expenses Are Taxable For Employees Working From Home

Find out what equipment, services or supplies are taxable if your employees are working from home due to coronavirus (COVID-19). Who is not affected? Furloughed workers who are eligible for the Coronavirus Job Retention Scheme. Type of equipment, service or supply Mobile phones and SIM cards (no restriction on private use) If you provide a […]

Read more June 16th, 2020

What Affects The Self-Employment Income Support Scheme?

The Self-Employment Income Support Scheme currently allows you to claim a taxable grant worth 80% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £7,500 in total. If you are self-employed or member of a partnership find out how your circumstances can affect […]

Read more June 15th, 2020

How To Treat Employee Expenses And Benefits Provided During Coronavirus

Find out about taxable expenses and benefits when they are paid to employees because of coronavirus and how to report them to HMRC. This guidance is about Income Tax treatment only. National Insurance contributions treatment may vary depending on the individual benefit or expense. See: https://www.gov.uk/guidance/how-to-treat-certain-expenses-and-benefits-provided-to-employees-during-coronavirus-covid-19 Please talk to us if you need clarification in […]

Read more June 11th, 2020

Tax-Free Childcare And 30 Hours Free Childcare During Coronavirus

To help make sure critical workers can continue to access the childcare they need to enable them to work, even if their circumstances have changed during the Pandemic, the Government have made some temporary changes. Find out about temporary changes that may affect you if you are applying for, or already getting, Tax-Free Childcare or […]

Read more June 10th, 2020

Opening A Government Gateway Account For SEISS

HMRC have issued some more details relating to the claims for the Self-Employed Income Support Scheme (SEISS). The latest guidance was issued on 1 May. Full details on the SEISS can be found on our article here. As with many HMRC “guidance notes” issued recently, these tend to be quite basic, and, unfortunately, leave many […]

Read more May 6th, 2020

HMRC Update Their Guidance On The SEISS Scheme

The following text is extracted from HMRC website regarding the Self-Employment Income Support Scheme (SEISS): Who can claim? You can claim if you are a self-employed individual or a member of a partnership and: you carry on a trade which has been adversely affected by coronavirus you traded in the tax year 2018 to 2019 […]

Read more May 6th, 2020

Covid-19: Personal Affairs Guide

This is a guide for families and individuals on how to financially survive or manage through the Pandemic. It is a tough time for many of us and the idea of this guide is to help people who may have reduced employment income and increased uncertainty about their future. The aim of this guide is […]

Read more May 4th, 2020

Impact On The High-Income Child Benefit Charge

With many employees and the self-employed being furloughed, being made redundant or making lower profits their income for 2020/21 may well fall below the £50,000 limit at which child benefit starts being taxed. The charge is 1% for every £100 that adjusted net income exceeds £50,000 multiplied by the child benefit claimed in respect of […]

Read more April 24th, 2020