We recently sent out questionnaires to all of our Limited Company clients as it is the time of year when forms P11D need to be submitted to HM Revenue & Customs. This is the form that shows taxable benefits employees and directors have received in the year to 5 April 2010.
We are still missing a lot of the questionnaires we sent out so if any of you have received one and not yet returned it, please do so without any further delay. The deadline for the forms is 6 July. If the deadline is missed, the company can face penalties.
In rarer cases, we may have a few non-Limited business clients who provide taxable benefits to their employees. If this is you, please contact our tax department immediately.