With expense claims under the spotlight this year Payroll
Business Solutions (PBS) has seen an increase in demand for its
P11D completion and filing service.
Pam Pindar, Managing Director of PBS UK Ltd says, "Expense
claims have been all over the news this year and the positive side
of this has been that it has brought the importance of the process
to the forefront of everyone's minds. This has meant businesses'
have been keener to get expert help this year to ensure they avoid
making mistakes."
With the deadline for returning the P11D expense and benefit
forms looming (6th July) PBS has the following advice to make the
process as easy as possible:
• Keep records of expenses and
benefits updated throughout the year. This makes the task of
collating all the necessary information much easier when completing
the P11D.
• For routine expenses and
benefits consider applying for a dispensation from HMRC, this can
remove the reporting elements from certain expenses and benefits
making the end of year process a lot easier.
• Ensure that data supplied on
the form is clear and legible.
• If possible, file P11D
information online, this will improve the accuracy and spend of
completion of your P11D information.
• Ensure that you quote your date
of birth, national insurance number and gender of all employees on
the required documentation.
• Get expert help. Specialist
knowledge can speed up the process and increase accuracy leaving
less chance of falling foul of HMRC.
PBS provides a complete UK Payroll service that complies with UK
Payroll legislation. It also provides an International Payroll
solution that offers a bespoke international service and one point
of contact for companies with staff in different countries around
the globe. As well as payroll, PBS also offers a complete
outsourced Human Resource Service that can ensure that businesses
comply with on-going employment law changes and requirements and
that staff are managed professionally.