Are you on track with P11D and PSA?

We are only a month from the deadline for submitting forms P11D/P11D(b) and signed PAYE Settlement Agreement (‘PSA’) contracts for 2013/14 to HMRC.

Missing the deadline can prove costly:

P11D(b) – automatic penalties of £100 per month, for every 50 employees.
P11D â potential penalties of £300 per P11D form.
PSA – items will need to be declared on forms P11D for 2013/14.

Late submission may also raise your risk profile with HMRC, increasing the likelihood of an Employer Compliance Review in future.

Our dedicated Employment Services team can provide support and advice on these and other employment tax issues, please call (freephone) 0800 298 3899 or email:

James Hunt jhunt@dains.com

Michelle Perry mperry@dains.com