Business Terms and Jargon Explained

What is P11D

This is a form that your employer fills in that states your benefits and expenses with the company. This is for both taxable and non-taxable benefits. The tax if applicable can be made by the Inland Revenue adjusting your tax code. This form will be required for all employees and directors that have claimed expenses or have received benefits in kind.

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Term created / updated 2006-06-18 02:18:15

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