If your business trades through a limited company or has employees, you must file the End of Year forms electronically every year. These forms include forms are a summary of the businesses payroll and payroll taxes and also to provide each employee with a Form P60.
In addition, some business may also have to prepare and file additional forms such as the P11D, which informs HM Revenue and Customs details of any employee receiving any benefits or re-imbursements of expenses such as travel, subsistence and entertaining.
These returns must be filed within very tight deadlines and we can assist your business in ensuring that the returns are filed correctly and on time, thereby avoiding penalties that will become payable.
We will advise you and your business to ensuring that this process is operated smoothly and tax efficiently.