What Is a P11D – and What's Changing?

What is a P11D – and what's changing?

A P11D form is where employers and directors of companies have to declare benefits in kind to HMRC. Whether you employ people in your business, or you’ve received benefits in kind as a director, you’ll need to declare these benefits every year. Being self-employed you’re essentially both an employer and employee, so you should use the P11D form to report any benefits to HMRC as part of your annual Self Assessment. This article covers:  how to d…

HMRC Taken to Task Over Flawed IR35 Reform Implementation

The Public Accounts Committee (PAC) has delivered a scathing review of HMRC’s implementation of reforms to the IR35 off-payroll working rules.