P11D’s: Here To Stay Another Year!
6th May 2025
Mandating the Reporting of Employment Benefits and Expenses
The mandatory payrolling of employment benefits and expenses was due to be introduced from 6th April 2026. However, the Government has recently announced that this will now be delayed one year to 6th April 2027.
The Government has acknowledged that employers, payroll professionals and agents needed more time to transition over to the new reporting requirements and iron out any teething problems. Whilst payrolling employment benefits will become mandatory from this date, employers can still enrol voluntarily ahead of this deadline.
A period of grace has been announced to support the transition to the new system. Where payroll submissions are sent to HMRC with incorrect benefits, for years 2027 to 2028, no penalties will apply. Penalties will resume as normal after these years.
Get In Touch
Please contact your local Whitings LLP office or your usual representative should you have any queries.
Disclaimer - All information in this post was correct at time of writing.
