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Home / Simons-Taxes /Personal and employment tax /Part E4 Employment income /Division E4.11 The 'Pay As You Earn' system /Notional payments / E4.1127A Additional benefit in kind if employee fails to 'make good' PAYE due on notional payments
Commentary

E4.1127A Additional benefit in kind if employee fails to 'make good' PAYE due on notional payments

Personal and employment tax

If an employee is subject to PAYE on a notional payment (see E4.1120) they are required to 'make good' that PAYE deduction to their employer, within 90 days of the end of the tax year concerned. If they do not do so, the PAYE not 'made good' is treated as a further benefit in kind, reportable on form P11D1. This means the P11D must be filed by 6 July, see E4.11124, following the tax year in which the notional payment arises. In practice, this happens most frequently where an employee is deemed to have received benefits in connection with share awards, and the employee does not have sufficient other PAYE income for the employer to be able to

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