Forms Involeved in ACCA T9 F6 and There After

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Form P45: When new employee join you, they will provide you form P45.

When any employee


leaves you, you are obliged to provide him P45 form.

Form P46: If you new employee doesn't have a precious Form P45, you'll have to complete
Form P46 for him.

Form P60: For each employee who was working with you at 5th April, you have to issue a form
P60. This form shows employee's pay and tax for the whole year.

Form P9(T), P9X: These forms are related to PAYE and provide tax codes for employees to be
used in tax year.

Form P7X: If budget requires any change to be made in tax codes, this form is used to make
those changes.

Form P11: Form P11 is used for each employee for proper details keeping of pay and
deductions throughout the year.

Form P14: For each employee, employer need to complete Form P14. This form must reach
HMR & C as late as 19th May.

Form P35: This form is used to provide details of all of your employees, stating amounts of
salary, Income Tax and NIC.

P45

You get a P45 from your employer when you stop working for them. It's a record of your pay
and the tax that's been deducted from it so far in the tax year. It shows:

 your tax code and PAYE (Pay As You Earn) reference number
 your National Insurance number
 your leaving date
 your earnings in the tax year
 how much tax was deducted from your earnings

A P45 has four parts - Part 1, Part 1A, Part 2 and Part 3. Your employer sends Part 1 to HMRC
and gives you the other three. When you start a new job, or claim Jobseeker's Allowance, you
give Part 2 and Part 3 to your new employer or to the Jobcentre. You keep the remaining one -
Part 1A for your own records.

Your employer should automatically give you a P45 when you stop working for them. If not, ask
for it - you're entitled to it by law.
P60

Your P60 is the summary of your pay and the tax that's been deducted from it in the tax year.

Your employer should give you a P60 to keep as a record at the end of every tax year (which
runs from 6 April to 5 April the next year). If your employer doesn't give you a P60 at the end of
the tax year, ask for it - you're entitled to it by law if you are still working for the employer at 5
April.

You might need it:

 to complete a Self Assessment tax return, if this applies to you


 to claim back any tax you've overpaid
 to apply for tax credits

You may also need it as proof of your income if you apply for a loan or a mortgage - so it's
important to keep all your P60s safe.

P11D

Your employer uses a P11D to tell HMRC about the value of any 'benefits in kind' they've given
you during the tax year. This means benefits or expenses that effectively increase your income,
like:

 a company car
 private medical insurance
 interest free loans

Your employer will only declare them if you've earned at least £8,500 in the year, including the
value of the benefits. They will work out how much each benefit is worth, record it on the form
and send it to HMRC. They'll also give you a copy, which you'll need for your records or if you
complete a tax return.

If you apply for a loan or mortgage, banks and building societies will accept a P11D as proof of
extra income

P11D
The P11D is a statutory form required by HMRC from UK based employers detailing the cash
equivalents of benefits and expenses that they have provided during the tax year to their
directors, and employees earning at the rate of more than £8,500 per year.
Most corporate clients use the P11D Organiser to process and submit their benefits & expenses
information to HMRC.

P11Ds can be submitted to HMRC in either hard copy or an electronic submission format.

There are currently 14 sections on the P11D:

 Section A – Assets Transferred


 Section B – Payments made on behalf of the employee
 Section C – Credit Cards and vouchers
 Section D – Living Accommodation
 Section E – Mileage Allowances
 Section F – Cars and car fuel
 Section G – Company Vans
 Section H – Beneficial Loans
 Section I – Medical Health
 Section J – Qualifying Relocation Payments
 Section K – Services Supplied
 Section L – Assets placed at employee’s disposal
 Section M – Other Items
 Section N – Expenses Payments

Any benefits that attract Class 1A National Insurance contributions are reportable in brown
coloured boxes on the form.

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