HMRC has issued the following regulations which will require employers to report their employees’ P11D expenses and benefits electronically from 6 April 2023 onwards:
Income Tax (Pay As You Earn) (Amendment) Regulations, SI 2023/307
Social Security (Contributions) (Amendment No 2) Regulations, SI 2023/308
Although the digital reporting of P11D information is already available for employers, the regulations make electronic delivery mandatory from 6 April (except for those who are digitally excluded). The requirement will also cover amendments to P11Ds, which currently are reported on paper.
HMRC intends to notify employers via ‘targeted communications’ and to work with representative bodies and software developers to raise awareness of the change. Time would, however, appear to be short, with HMRC’s Employer Bulletin (February 2023 – the 100th edition) suggesting that the changes will apply for the 6 July 2023 P11D deadline (i.e. returns relating to 2022/23).
HMRC has issued the following regulations which will require employers to report their employees’ P11D expenses and benefits electronically from 6 April 2023 onwards:
Income Tax (Pay As You Earn) (Amendment) Regulations, SI 2023/307
Social Security (Contributions) (Amendment No 2) Regulations, SI 2023/308
Although the digital reporting of P11D information is already available for employers, the regulations make electronic delivery mandatory from 6 April (except for those who are digitally excluded). The requirement will also cover amendments to P11Ds, which currently are reported on paper.
HMRC intends to notify employers via ‘targeted communications’ and to work with representative bodies and software developers to raise awareness of the change. Time would, however, appear to be short, with HMRC’s Employer Bulletin (February 2023 – the 100th edition) suggesting that the changes will apply for the 6 July 2023 P11D deadline (i.e. returns relating to 2022/23).
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