Want to payroll benefits?
Welcome to the first session in our new Payroll Advisory Services (PAS) programme, which aims to provide you with a deeper understanding of payroll. The first topic we're tackling is payrolling benefits-in-kind.
Since April 2016, employers can choose to account for the tax on benefits-in-kind through the payroll operation of PAYE without the need to submit form P11D at the tax year-end.
Employers wishing to payroll must register with HMRC. Registration must take place prior to the start of tax year (latest 5th April). However, this process can often be complex.
Join us for an informative and interactive on-demand webinar, led by Simon Parsons, Director of UK Compliance Strategies at SD Worx, to dive deeper into the operation of payrolling, including:
- Which benefits are best to payroll, and which should be avoided?
- How payrolling benefits works?
- What are the benefits for both employee and employer?
- What is best left with P11D?