Saturday, 29 March 2014

P11D in UK payroll

P11D :

Your employer sends a P11D to HM Revenue & Customs (HMRC) if you get any ‘benefits in kind’ (eg company cars or interest-free loans).

The P11D records how much each benefit is worth.

Your employer will send HMRC a P11D if your earnings, including the value of company benefits, are at least £8,500 in the tax year (6 April to 5 April).


Your employer will usually give you a copy of the P11D. They don’t have to by law, but they must tell you what’s on it.

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