BENEFITS & EXPENSES SEMINAR

by Aspiring Training on January 29, 2015 No comments

November 4, 2015 - 09:30 AM / 05:00 PM

The Space Centre, 94 Judd Street, London WC1H 9PS

COST

£325.00 + VAT per person
Includes refreshments and lunch.

OBJECTIVES

HMRC state that a large number of employers do not report expenses and benefits correctly on forms P11D and P9D. Additionally many employers do not use dispensations or PAYE Settlement Agreements (PSAs) to reduce their reporting burden at the tax year end. They are not aware of the large fines and penalties, up to a maximum of £3,000, which can be imposed by HMRC. Are you getting it right? If you are not sure, can you afford NOT to send your finance and payroll team on this seminar?

The seminar will provide delegates with a clear understanding of the tax and NI treatment of expenses and benefits and HMRC year-end reporting requirements.

Benefit of attending:

This seminar will help you:

  • Understand the P11D and P9D forms and how to complete them correctly
  • Identify potential problem areas in reporting benefits and expenses
  • Ensure advantage is taken of dispensations and PAYE settlement agreements
  • Understand the calculation of Class 1A and Class 1B employer only NIC
  • Succeed in completing and filing forms
  • Avoid missing filing dates and incurring fines

Who should attend:

  • Payroll managers and supervisors
  • HR managers and administrators
  • Accountants and staff
  • Finance managers and assistants
  • Finance directors and financial controllers

Programme:

  • Introduction to the Benefits and Expenses legislation
  • Employee travel and subsistence – know the rules
  • How to minimise P11D reporting – using tax free allowances and dispensations
  • PAYE Settlement Agreements (PSAs) – how do they work and how to apply for one
  • Update on HMRC consultation on P9D, trivial benefits, business expenses and payrolling benefits
  • Review of form P11D
  • How to calculate the cash equivalent of benefits form P11D
  • Avoiding penalties – know the filing dates

 

Aspiring TrainingBENEFITS & EXPENSES SEMINAR

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