Form P11D should be produced for directors and employees earning more than £8,500 receiving benefits and expense payments. Form P9D is prepared for all other employees receiving benefits and expense payments.
The Forms need to be filed on or before 5th July following the end of the fiscal year and the company pays any Class 1A National Insurance liability on or before 19th July following the end of the fiscal year.
As for you specific comment about the director's pension does this relate to payments made to a company or private scheme?
I could go on for ages about what expenses should be disclosed but it probably best to link you to this blog which gives you a lot of info.
At the sort of money being paid on this pension you would think that the company would have sorted out an executive pension plan for the directors making the contributions to the pool be non P11D.
I think that the reporting here might be a little more specialist that the poster assumes and require some expert input from the companies accountant as pensions are often far from straight forwards arrangements.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Thanks for your comments. In regards to pension payment, I'll get in touch with company accountant. Does employee pay his any national insurance liability on benefits received?
Certain expenses payments should be included as part of the payroll and Class 1 NI (i.e. employees and employers NIC) accounted for but NOT PAYE.
For example, if the employer pays an employees telephone bill which is in the employees name then Class 1 NI should be paid and the expense put through the payroll. If the bill is in the name of the company, you would not process this bill through the payroll and instead the company would pay Class 1A NI (i.e. which is equivalent to just paying employers NI).
