P11d forms for reporting expenses and benefits in kind provided to employees and directors for the 2023/24 tax year must be submitted online by 6 July 2024. Paper forms are no longer acceptable; submissions must be made using PAYE Online for employers or commercial software.
Remember, reimbursed expenses that are incurred wholly, exclusively, and necessarily for the performance of the employee’s duties no longer need to be reported. Dispensations from reporting are no longer required, although HMRC expects internal controls to ensure that these expenses qualify.
Additionally, trivial benefits worth no more than £50 provided to employees do not need to be reported. This typically includes non-cash gifts given at Christmas or birthdays, such as food and alcohol. Employers must keep a record of the benefit and the justification, ensuring it is not a reward for past or future service.