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P 11D new one i??

Practical Issues
mutantpoodle
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P 11D new one i??

#132436

Postby mutantpoodle » April 16th, 2018, 8:12 am

just an easy question for anyone with knowledge!!

the P11D shows benefits in kind etc...eg healthcare and suchlike

do we get one for each company
ie..if change jobs in September would you get a P11D for the company you left....AND one (later naturally) for the company you joined

I realise you get P60s for each but P11D ???

swill453
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Re: P 11D new one i??

#132442

Postby swill453 » April 16th, 2018, 8:20 am

From memory you wont get multiple P60s (the P45 provides the info to the new employer) but you should get a P11D from the old employer. But possibly not till a couple of months after the end of the tax year. Make sure they have a forwarding address.

Scott.

mutantpoodle
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Re: P 11D new one i??

#132453

Postby mutantpoodle » April 16th, 2018, 9:09 am

thanks Scott
I was aware re P60s and that is no problem

the P11D is more of an issue as the company went insolvent
so P45/P60 no probs as obtained quickly...but need healthcare info for part year for tax return!!!!

and of course cannot just pro rata the 16/17 years figure as costs/cover etc may have changed

thanks again

if anyone has alternate views please advise...I want to be able to show HMRC I tried if questioned

Gersemi
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Re: P 11D new one i??

#132610

Postby Gersemi » April 16th, 2018, 5:32 pm

mutantpoodle wrote:thanks Scott

the P11D is more of an issue as the company went insolvent
so P45/P60 no probs as obtained quickly...but need healthcare info for part year for tax return!!!!

and of course cannot just pro rata the 16/17 years figure as costs/cover etc may have changed

thanks again

if anyone has alternate views please advise...I want to be able to show HMRC I tried if questioned


Well personally I would pro-rata the 16-17 figure and put a note in the white space. You're not going to get a P11D and they won't submit one to HMRC either. There's no one at the company to ask so how can you get a better figure? The same will apply to HMRC. I think they will accept an estimate in the circumstances.

Gersemi

PinkDalek
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Re: P 11D new one i??

#132640

Postby PinkDalek » April 16th, 2018, 7:43 pm

I started this reply earlier and have now seen what Gersemi said, which would appear to be the correct answer but will include my reply for the sake of it!


mutantpoodle wrote:... the P11D is more of an issue as the company went insolvent ...


A few searches suggest attempting to get the P11Ds from the administrators/liquidators (if appointed).

However https://www.accountingweb.co.uk/any-ans ... eturns-etc from 2002 includes:

... since it does not affect the company's liability to tax the Revenue do not usually insist on a return of P11Ds. ... by the liquidator.

Here's another https://www.accountingweb.co.uk/any-ans ... -companies which includes I've not dealt with this in practice, but I believe that the IR will accept that the individual's information may be estimated or approximate. albeit from 2003.

Have you looked at https://beta.companieshouse.gov.uk/ to see if anyone has been appointed (assuming it is a UK limited company) even though they are unlikely to assist?


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