P11D

The thing is we don't have any benefits in our first tax year (04.2021 to 04.2022). In that case, do we still need to fill in a P11D? Our company was established in May 2021 and started operating and paying staff in Nov 2021. We thought we didn't need to fill in a P11D since we didn't provide benefits or pay taxable expenses for employees that year. Furthermore we saw such guidence on the website of HMRC - "Do not complete a P11D if: there are no taxable expenses, payments or benefits to be returned for an individual the expenses and benefits have been taxed through your payroll." However this year when I'm going to complete one for 2022 - 2023, I find out some accounting and tax agents say even if you don't have benefits this year, you must still fill in one to tell HMRC you do not have any benefits or taxable expenses. Such statement really confuses me. I beg some one official could settle my query. Many thanks. By the way, for the tax year of 2022 - 2023, I guess I can not fill in a P11D till 5th April 2023. Am I right?

Hi,

We would only expect a return, if, when setting up the PAYE scheme, you selected that you would be paying benefits, if you did and no benefits were paid, you should send a nil P11D(B). P11D returns are not required.

For 2022 to 2023 you can send a P11D before 5th April which will be processed in due course.

Thank you.

Many thanks for your reply. But when I'm using the P11D online service to report for 2022 to 2023, the status is unavailable. When I change the tax year to 2021 -2022, I'm able to create and edit P11D. Is this a bug or something? Do I need to send a P11D for 2022 to 2023 before 5th April? But the website shows 'the deadline for returns is 6 July'.

Hi
You wont be able to do the P11d for 22/23 until the tax year has finished, but you have until the 6th of July to complete it.
Thankyou.