You need to file this form for each director and for each employee earning more than £8,500 a year.
The P11D shows any benefits-in-kind that an employee receives, such as a company car or interest-free loans.
You need to send the form through to HMRC by 6 July and should give each employee a copy, in case they need it for their Self Assessment tax return.
In the past, for employees who earned less than £8,500, they would need to complete a P9D form. This form was abolished in 2015.
The comprehensive A-Z guide for payroll professionals
Learn about the key terms and concepts that will help you to manage the complexities of payroll systems effectively, and to confidently meet compliance requirements.