Benefits in Kind Reporting (P11D)
We handle your P11D reporting so you stay compliant with HMRC and avoid penalties. Whether you're managing a handful of employees or preparing for the 2027 payrolling changes, we'll take care of your Benefits in Kind reporting from start to finish.
What we cover
From company cars and medical insurance to low-interest loans and gym memberships, we track, value and report every taxable benefit your team receives.
P11D form preparation and filing
Accurate valuation and online submission of all taxable benefits for each employee by the 6 July deadline.
Class 1A National Insurance calculation
We complete your P11D(b) return and calculate exactly what you owe HMRC on employee benefits.
Payrolling benefits setup
Switch to real-time reporting through your payroll system and eliminate year-end P11D filing for most benefits.
How P11D reporting works
Every time you provide an employee with a taxable benefit like a company car, private medical insurance, or an interest-free loan, HMRC needs to know about it. P11D forms are how you report those benefits each year, and they need to be filed online by 6 July following the end of the tax year. Miss that deadline and you'll face penalties of £100 per 50 employees for every month you're late.
We track your benefits throughout the year, calculate their cash equivalent values, and file your P11D and P11D(b) forms on time. You'll also need to provide copies to your employees so they can complete their Self Assessment returns, and we'll sort that too.
We'll keep you compliant and penalty-free, so you can focus on running your business.
More information
What's included
- Year-round tracking of all employee benefits
- Accurate valuation using HMRC-approved methods
- Online submission of P11D forms for each employee
- P11D(b) preparation and Class 1A National Insurance calculation
- Employee copies provided promptly after filing
- Guidance on payrolling benefits to simplify future reporting
From April 2027, HMRC is phasing out P11D forms for most benefits and requiring real-time reporting through payroll instead. If you're not already payrolling your benefits, now's the time to make the switch. We'll walk you through the process and get everything set up before the deadline, so there are no surprises.
Who this is for
This service is for Cardiff and South Wales employers who provide taxable benefits to their team, whether that's a company car for your sales rep, health insurance for senior staff, or a season ticket loan. If you've got employees receiving benefits and you're not sure how to report them, or you're worried about getting the valuations wrong, we'll take it off your hands.
We work with small businesses across Cardiff, from dental practices in Pontcanna to trade firms in Barry and retail shops in Penarth. If you're managing payroll in-house or through a bureau and benefits reporting feels like an extra burden, we'll handle it as part of your overall payroll service or as a standalone job.
Common concerns we hear:
- "I'm not sure which benefits are taxable." We'll review everything you provide and tell you exactly what needs reporting.
- "I've never filed a P11D before." We'll do it for you, and explain the process so you understand what's happening.
- "I'm worried about getting the values wrong." Benefit valuation can be tricky, especially for company cars and fuel. We use HMRC's official tables and calculators to get it right every time.
- "What happens if I've made a mistake in a previous year?" We can help you correct errors by filing amended forms, and we'll make sure future years are spot on.
Worth considering
Auto Enrolment & Workplace Pensions
Practical help with workplace pension auto enrolment: scheme setup, payroll assessments, employee letters and regulator filings, with support for ongoing compliance.
Auto Enrolment & Workplace Pensions→Payroll Year End (P60s / P11Ds)
We complete your payroll year end, issue P60s, prepare and file P11Ds and P11D(b), and check benefits and expenses so you meet HMRC deadlines.
Payroll Year End (P60s / P11Ds)→PAYE Registration
Need to pay your first employee or director? We register you for HMRC PAYE, secure your employer references, and set out the next steps for payroll and RTI.
PAYE Registration→Payroll Processing (Weekly / Monthly)
Weekly or monthly payroll processing with RTI to HMRC, payslips, starters and leavers, and clear summaries of what to pay, so you stay compliant.
Payroll Processing (Weekly / Monthly)→Before you book
Here's what Cardiff business owners typically ask us about Benefits in Kind reporting.
What counts as a taxable benefit?
When do P11D forms need to be filed?
What happens if I file late?
Can I avoid P11D filing altogether?
How much does P11D reporting cost?
Do I need to do anything before you can start?
What's the difference between P11D and P11D(b)?
Can you help businesses outside Cardiff?
Let's sort your P11D reporting
Book a free consultation and we'll explain exactly what you need to do, what we'll handle, and how much it'll cost.
Book a free consultation