What is a P11D Nil Return?
A P11D Nil Return is a document that employers submit to HMRC (Her Majesty's Revenue and Customs) when they have no taxable benefits or expenses to report for their employees during a specific tax year. It serves as a formal declaration to HMRC that no such benefits or expenses were provided to employees within that tax year.
Note: Before informing us that you intend to submit a Nil return, please ensure that none of your employees have received any reportable benefits.
Once the Nil return is submitted, corrections cannot be made, and any necessary adjustments must be handled directly with HMRC.
How to let PayFit know to send a Nil return?
From the left, choose Company settings, then Benefit settings.
Under the General settings section, click Set benefits preferences.
Answer: No, we don't provide benefits in kind.
Answer the next question to confirm if you require PayFit to send a nil submission on your behalf.