Sage Tax Form-Employer’s P11D(b) Declaration

Sage Tax Form P11D(b)

In this article, you can read about the employer’s P11D(b). You can further read how to produce this form in the Sage 50 P11D. You can further see the benefits that will appear on the declaration.

  • The employee’s form P11D basically contains both benefits as well as the expenses, which are subjected by their employer to Class 1A NICs or not but the declaration form P11D(b) only contains the information regarding the total expenses and benefits of the Class 1A NICs.
  • This single form P11D(b) covers all the employees for a company.
  • This form can be easily submitted to HMRC online.
  • The Class 1A NIC liability which is declared on form P11D(b) form is to be paid to HMRC.
  • Through Sage 50 P11D, you can easily produce the form P11D for tax year.

How to generate the Declaration?

  • Fill your employer’s P11D(b) declaration form from the outline pane.
  • Go to Employer option.
  • Click on the Employer’s Declaration option.

You also have an option to print your form P11D(b) from various locations, like:

  • The Employer folder from the Reports option.
  • The Reports drop-down list from the employer record.
  • From the Outline Pane, right-click on the employer option.
  • Now, select the Print or Preview Reports option.

Checking the Values

You will have to run the following reports from your Employer folder which is located in the Reports section. This way you can easily reconcile the values.

Class 1A by Employee (Detailed)- This report consist all benefits that raise a Class 1A NIC charge on the employer for each employee working for them.

Class 1A by Employee (Summary)- This report consist the total value of benefits that raise a Class 1A NIC charge on the employer for each employee working for them.

Class 1A Summary- This report provides a complete assessment for each benefit type that raises a Class 1A NIC charge on the employer.

Class 1A Summary by Department- This report provides a complete assessment for each benefit type that gives rise to a Class 1A NIC charge on the employer, working for each department.

Appearance of the Benefits

In this section, you will see all the benefits in different boxes on the form P11D(b).

In this article you can read about the declaration form P11D(b) of an Employer’. It can be easily generated from the Sage 50 P11D. If you have any queries in filling the form or you more information regarding the form, then you can contact RemoteAccounting247 for assistance. They have hired Sage certified experts who will come to your aid and guide you. To contact them, you just have to call on their Sage customer support number  +1-800-961-6588. They provide 24*7 services, so you can reach out to them at any point of time. You can also visit their website and request for online chat support.

 

Sage Support Number

Leave a Reply

Your email address will not be published. Required fields are marked *