A form employers use to report taxable benefits and expenses paid to employees.
Form P11D is submitted annually by employers to HMRC to report taxable benefits in kind and expenses payments made to employees. Common benefits reported on a P11D include company cars, private medical insurance, and interest-free loans. The values on the P11D are used by HMRC to adjust your tax code for the following year, recovering the tax due on those benefits.
This definition is for informational purposes only and does not constitute tax, legal, or financial advice. Rules may change and outcomes depend on your circumstances.
These GOV.UK and HMRC sources provide the official context for this glossary entry. The definition is educational and does not determine your individual tax position.