Crisp Accountancy Ltd

28/05/2026

26/05/2026

Two mistakes we see every year around P11D season.

First one: filing the P11D for individual employees but forgetting to submit the P11D(b) alongside it.

The P11D(b) is what tells HMRC how much Class 1A National Insurance is due. Miss it and you've still got a gap on your record.

Second one: filing self-assessment before the P11D is submitted. If you've got benefits to report, those figures need to land on your return too. File too early and you'll likely need to amend it.

Both are avoidable. Both cost time to fix.

If P11D season feels like more admin than it should, that's probably a sign something in the process needs tidying up. We'd rather flag it early than clean it up in July.

25/05/2026

22/05/2026

Big change coming in 2027 that every employer needs to know about.
Right now, most benefits — company cars, health insurance, director loans — get reported to HMRC once a year through a P11D form.
From April 2027, that changes. Most employers will need to report and tax those benefits through payroll in real time, every month.
It's a significant shift in how you manage and report benefits — and it'll affect how you run your payroll processes.
We'll be putting together a full guide later this year so you're properly prepared. But if you want to talk through what it means for your business before then, we're here.

21/05/2026

Two P11D dates to put in your diary now.

6th July — P11D forms due
22nd July — Class 1A National Insurance payment due (electronic)
And if you've got a P11D this year, don't file your self-assessment before those figures are in.

You'll likely need to amend it if you do.

Sorted already? Great. Not sure?

Drop us a message and we'll check where things are.

18/05/2026

Most business owners don't realise there are two P11D forms.

The P11D reports the benefits you've given to employees and directors — things like company cars, health cover, or interest-free loans.

The P11D(b) reports how much National Insurance is due on those benefits. Currently 15% for 2025–26.

Here's the bit that catches people out: even if none of your employees had any benefits this year, you still need to submit the P11D(b) as a nil return.

Skip it and HMRC still expects it.

Key dates to know:
P11D deadline — 6th July
Class 1A NIC payment — 22nd July (if paying electronically)

If you've got a P11D, those figures also need to go on your self-assessment before you file it.

Worth checking you've got them before you submit.

Any questions, drop us a DM.

14/05/2026

6th July is circled in our calendar. Should it be in yours?

That's the deadline for P11D forms — the annual return that reports any benefits you've provided to employees or directors.

Think company cars, private health insurance, director loans over £10k, or staff entertaining that went over the £150 per head threshold.

Miss it and you're looking at £100 per 50 employees, per month, until it's filed. Easy to avoid. Easy to forget.

If you're not sure whether you need to file one this year, just drop us a message.

06/05/2026

Two deadlines most employers forget.

If you pay employees — including yourself — there are two things due by 6th July that aren't your year-end accounts.

P60s
Every employee must receive a P60 by 31st May. It shows their total pay and tax deductions for the year. If you employ people, this should already be done. If you're not sure, check now.

P11Ds
These are due by 6th July. A P11D is required for any employee or director who receives benefits in kind — things like private medical insurance, a company car, or other non-cash perks.

If you provide benefits and haven't submitted a P11D, HMRC can charge penalties from the day after the deadline. The form itself isn't complicated, but missing it is an easy way to rack up avoidable costs.

The P11D(b) form — which covers Class 1A National Insurance on those benefits — is also due on 6th July, with payment due by 19th July (22nd if paying electronically).

If you're not sure whether you need to file one, the answer is probably yes.

Drop us a message and we'll take a look.

04/05/2026

Their business was growing. Their bank account looked fine. Then a £40k tax bill arrived.

We see this more than you'd think.

A founder running a profitable service business. Good clients, decent margins, busy pipeline. Every month, the money coming in was more than the money going out. Things felt fine.

Then corporation tax was due.

They'd been profitable for 18 months. The liability had been building the whole time. But because they weren't setting money aside — and nobody had flagged it — the cash wasn't there when HMRC came calling.

Profit and cash are not the same thing.

Your P&L can show a healthy profit while your bank account takes a hit from a big tax payment, a client paying late, or a supplier invoice you forgot about. Without visibility of both, you're flying blind.

The fix isn't complicated: a simple cash flow forecast updated monthly, a tax reserve pot, and a management accounts review that actually explains what your numbers mean.

It won't happen overnight. But it will stop that 2am "how is there no money in the account?" panic in its tracks.

If this sounds familiar, let's talk.