When Are P11ds Due and What Are the Penalties for Missing the Deadline?

When Are P11ds Due and What Are the Penalties for Missing the Deadline? All the P11d deadlines you need to know.

when are p11ds due

When Are P11ds Due

P11ds are due by 6 July each year following the end of the tax year that the benefits were provided.

P11d(b) forms are also due by 6 July as well.

Example of When P11ds Are Due

The P11d deadline for 2017/2018 is 6 July 2018, along with a P11d(b) form.

The P11d deadline for 2018/2019 is 6 July 2019, along with a P11d(b) form.

When is P11d Tax Due

Employers need to pay any P11d tax by the 22nd July, if paying electronically (19th July if paying by cheque).

The amount of P11d tax an employer needs to pay is worked out on and disclosed on the P11d(b) form.

The Penalties for Missing the P11d Deadline?

Employers will face a penalty of £100 per 50 employees for each month or part month your P11ds are due are late.

Employers will also be charged penalties and interest on late payment of taxes to HMRC.

Anita Forrest
About Anita Forrest

Anita Forrest is a Chartered Accountant, spreadsheet geek, money nerd and creator of www.goselfemployed.co - the UK small business finance blog for the self-employed community. Here she shares simple, straight-forward guides to make self-employment topics like taxes, bookkeeping and banking easy to understand.