Friday, 12 June 2015

2014/15 P11Ds - What's New

The deadline for 2014/15 P11Ds is fast approaching. But with the P35-style end of year checklist no longer needed, how willHMRC know if they aren't due? And are there any other changes that you need to be aware of?

If you didn't complete the P11D question on the final Full Payment Submission (FPS) for 2014/15, avoid automatic penalties by completing an online form to tell HMRC that they are not needed. Apart from that, there are no major changes but for most company cars you will need 1% uplift to the emissions percentage.

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