Five Ways to Efficiently Manage P11D Forms
Next week we’ll be running the second in our series of new webinars looking at how businesses of all sizes can efficiently manage P11Ds.
It’s around this time of year when businesses across the UK are working on P11D submissions to HMRC. For background, a P11D is a 2-page tax form for employees which is used to report expenses and benefits for the previous financial year. This year, the deadline for submissions is Wednesday 6th July 2016, and just as with any tax reporting, there are penalties in place for late submissions. Fines include £300 per non-submitted P11D and £3000 for every incorrectly submitted P11D. Be sure to download our free P11D infographic to help you get the key facts and figures at a glance.
To help avoid these fines and complications, we offer a free webinar designed to help you understand P11Ds and manage your submissions. Learn 5 Ways to Efficiently Manage P11Ds runs twice a month and covers the top five ways that you can manage submissions for your business.
The top five ways to efficiently manage P11Ds are:
1. Don’t leave things to the last minute
2. Integrate with your payroll software
3. Import data from spreadsheets
4. Produce useful reports
5. Distribute information electronically
Additionally, the webinar presenter, Pre-sales Consultant Liam Snape, will run through our very own HMRC-recognised and compliant P11D software, the IRIS P11D Organiser, and provide a software demonstration so you can see it in action.
The next webinar is running on June 16th at 2pm, you can still register your place for the 30-minute webinar using the button below.
Book my webinar place