Published on Wednesday, 15 June 2011 00:00
A reminder that deadline for filing P11D’s is 6 July 2011. The deadline for payment is 19 July 2011. HMRC have warned that in previous years payments have not been allocated correctly for a number of reasons, namely;
- Employers add the Class 1A payment to their normal Class 1 remittance resulting in the payment being allocated to the year 2011/12 rather than 2010/11. To avoid this, the payments should be made separately using, if the employer is paying by cheque, the payslip provided specifically for this purpose. Generally this is attached to a letter titled Payment of Class 1A NICs. Do not use a slip from your regular Employer Payment Booklet.
- The employer does not quote the full 17 Character reference shown on the aforementioned letter/payslip ending 1113 when paying electronically.
- The employer makes the payment before the computer has posted his P11D(b) return. In this circumstance the computer may then automatically reallocate the payment to 2011/12. To avoid this it is suggested that the employer submits the P11D(b) several days before making his payment.
Should you need any further advice call us on (01635) 884270 or email info@opusaccounting.co.uk
