Late filing penalties for 2008/09 forms P11D(b)
The filing deadline for the 2008-9 forms P11D and P11D(b) was 6 July 2009. Employers who have not yet submitted the forms to HMRC should do so immediately, even though the deadline has passed.
Form P11D(b) is used at the end of the tax year to report two key things to HMRC: the total value of the expenses and benefits attracting Class 1A National Insurance contributions (NICs) that employers have provided to their employees, and the amount of Class 1A NICs liability for the year.
A penalty of £100 per month per 50 employees will be issued where HMRC do not receive the form P11D(b). No penalty will be issued where employers have already notified HMRC using the P35 that no P11Ds were being submitted.
This year, a new quality standard for the P11D forms was introduced. This means that paper forms that are not properly completed will be returned and online submissions must be fully complete before submission is possible. The quality standards are designed to check that the employer reference is included, that employees’ names and National Insurance numbers are completed and that the list price of any car provided to an employee is shown on the form etc.