Class 1A NIC Payments for the year ended 5 April 2016

Remember to use your 13 character Accounts Office reference followed by 1613 to make sure that the payment is allocated correctly. Class 1A NIC Payment is due on benefits in kind declared on form P11D (b). And, they must clear HMRC’s bank account by 22 July 2016!

How We Can Help with Your Class 1A NIC Payment

Understanding your responsibilities for Class 1A NIC payments can sometimes be a challenge. These payments, due on benefits in kind reported on form P11D(b), are an essential part of ensuring compliance with HMRC. Missing deadlines or misallocating payments can lead to penalties and unnecessary stress for businesses. So, you will want to keep a close eye on the deadline!

That’s where we come in. Our team of payroll and tax experts can guide you through every step of the process, ensuring your Class 1A NIC payments are accurate and timely. We offer tailored support to help you navigate the complexities of benefit reporting and payment allocation.

Expert Support for P11D(b) Filings

Accurately reporting benefits in kind on form P11D(b) is critical for calculating Class 1A NIC. So, we’ll assist in compiling the necessary data. And, we can ensure that all taxable benefits are accounted for. that’s everything from company cars to medical insurance. By doing so, we help you avoid potential discrepancies that could trigger HMRC queries or audits.

Timely Payment Management

Meeting deadlines is non-negotiable when it comes to HMRC. We’ll ensure your payments, including the specific Accounts Office reference number followed by 1613, are allocated correctly. This minimises the risk of payments being misapplied. Consequently, we can save you time and effort resolving these stressful administrative issues.

Tailored Advice for Your Business

Whether you’re a small business managing payroll in-house or a larger organisation with more complex benefit arrangements, we provide personalised advice that suits your needs. From ongoing support to one-off consultations, we’re here to make your payroll and tax obligations seamless.

So, get in touch today to see how we can help simplify your Class 1A NIC payment process and keep your business running smoothly. Call us at 01243 782 423 or email us from our contact page to learn more.