What is a P11D?

The P11D is a statutory form required by HMRC from UK based employers detailing the cash equivalents of benefits and expenses that they have provided during the tax year to their directors, and employees earning at the rate of more than £8,500 per year.

P11Ds can be submitted to HMRC in either hard copy or an electronic submission format.

There are currently 14 sections on the P11D:

  • Section A – Assets Transferred
  • Section B – Payments made on behalf of the employee
  • Section C – Credit Cards and vouchers
  • Section D – Living Accommodation
  • Section E – Mileage Allowances
  • Section F – Cars and car fuel
  • Section G – Company Vans
  • Section H – Beneficial Loans
  • Section I – Medical Health
  • Section J – Qualifying Relocation Payments
  • Section K – Services Supplied
  • Section L – Assets placed at employee’s disposal
  • Section M – Other Items
  • Section N – Expenses Payments

Any benefits that attract Class 1A National Insurance contributions are reportable in brown coloured boxes on the form.

 

Company Car and Car Fuel Benefit Calculator

When a company car is made available for the private use of an employee a ‘benefit in kind’ value is calculated in relation to the car (and to the fuel if that is also made available for private use).

 

Company Car and Car Fuel Benefit Calculator

 

Equalease Short Term Cars Ltd t/a Cocoon Vehicles Ltd are authorised and regulated by the Financial Conduct Authority (711074). We act as a credit broker, not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk

 

For complaints information when a transaction is completed online, please access the Online Dispute Resolution platform at http://ec.europa.eu/consumers/odr