HMRC’s bulletin rounds up a wide range of general guidance and deadline reminders for employers, including:
Reporting of expenses and benefits: HMRC emphasises the importance of recording diesel company cars correctly, to ensure that cars subject to the 4% diesel supplement are not inadvertently recorded as compliant with the Euro 6d standard, which would result in an underpayment of tax and Class 1A NICs.
P11D and P11D(b): a reminder that returns must be filed online, and a list of common errors to avoid when completing the forms. HMRC also asks anyone who used the company car tax calculator before 14 April 2023 to check their calculations for the fuel benefit charge for 2023/24 (following an error discovered in the system which has now been corrected).
HMRC’s bulletin rounds up a wide range of general guidance and deadline reminders for employers, including:
Reporting of expenses and benefits: HMRC emphasises the importance of recording diesel company cars correctly, to ensure that cars subject to the 4% diesel supplement are not inadvertently recorded as compliant with the Euro 6d standard, which would result in an underpayment of tax and Class 1A NICs.
P11D and P11D(b): a reminder that returns must be filed online, and a list of common errors to avoid when completing the forms. HMRC also asks anyone who used the company car tax calculator before 14 April 2023 to check their calculations for the fuel benefit charge for 2023/24 (following an error discovered in the system which has now been corrected).
