We have a limited company that has ceased to trade.
All employees have had their P45’s and for November a nil return was filed.
I would like to close down the PAYE scheme, which is simple enough.
However, for 7 months there were medical insurance benefits in kind, of which class 1a NIC needs to be paid.
Can you please advise if and how I can file an early P11d to declare these benefits and then pay the NIC liability due?
We are planning to strike the company off this month and we would not want to keep the company open until April 2024, just to be able to file a P11d.
If you can please advise it would be much appreciated?