Amendments to 2014-15 P11D and P11D guide

29 May 2015

HMRC’s Software Developers Support Team has provided details on the recent amendments to the 2014-15 P11D and P11D Guide.

HMRC has recently made the following amendments to the P11D form (box B) and P11D Guide (B, page 2), following changes in legislation governing Section 222, to read:

P11D

From:

"Tax on notional payments not borne by employee within 90 days of receipt of each notional payment"

To:

"Tax on notional payments not borne by employee within 90 days of the end of the tax year"

P11D guide

From:

"Enter tax on such notional payments not recouped from the director/employee within 90 days of each notional payment"

To:

"Enter tax on such notional payments not recouped from the director/employee within 90 days of the end of the tax year"

HMRC has also made the necessary amendments to the 2014-15 P11D & P11D Guide PDFs which are available on the GOV.UK website.

HMRC are aware some employers may have already printed copies for completion or submitted their 2014-15 P11Ds using the original form and guidance. There is no need to re-submit amended forms as they will accept and process all P11Ds submitted on the understanding that ‘box b’ has been completed following the new legislation.