Penalty notices for outstanding P11D(b) returns

11 November 2008

HM Revenue and Customs has announced that, as from 10 November, penalty notices are to be sent out where records show that 2007-08 form P11D(b) Class 1A National Insurance contributions Annual Returns have not been received.

The returns were due by 6 July 2008.

The penalty will be £100 per 50 employees for each month the return is outstanding, from 7 July 2008 to 6 November 2008.

If employers have not sent in their returns, they are being urged to do so as soon as possible.

HMRC said it will be sending out further interim penalties later in the year where any return remains outstanding, and final penalties on receipt of a late return.

The sooner a late return is received, the smaller the penalty will be, HMRC added.