Share this content
9

P11d software required-recommendations please?

I'm thinking of opting out of a P11d service provided by an outsourced provider.

Didn't find your answer?

Hi 

I've recently taken over the payroll function for a business with 150 employees and we are reviewing the outsourced payroll provider. They are probably one of the biggest; very expensive and there doesn't appear to be much in the way of added value for their charge. There is plenty of competition out there for the payroll function, but for form P11d preparation (not so much preparation as once a year data collection) and filing online, comparable companies are charging large sums (e.g. £20 per person, per annum) and the business has very simple P11d needs, at worse two line entries per person and no cars or complex benefits.

So I'm thinking of bringing this function in-house. Given the very simple content of the P11ds, I'm not too bothered about the software itself and I have two essential needs:- 

a) to store a digital copy of the P11d that can be distributed in pdf format once a year, or on request.

b) to upload the completed P11ds to HMRC.

Do you have any recommendations for software that will meet this brief?

Thanks.

 

 

 

 

Replies (9)

Please login or register to join the discussion.

avatar
By Wanderer
04th Aug 2020 13:09

Doesn't your payroll software already have this built in?

Thanks (0)
Replying to Wanderer:
avatar
By ChrisKH
04th Aug 2020 13:33

It's an outsourced payroll provider currently and we are looking at other outsourced providers as far as the standard payroll service is concerned.

These outsourced vendors can all provide a P11d production and filing capability at additional cost, but this is a huge per person charge in comparison to the payroll running cost. This is probably where they make their profit. And as we are doing all of the benefit calculations and providing them with a spreadsheet of benefit figures to enter onto the P11d before they file this online, it just doesn't appear to make economic sense to outsource this as well.

Thanks (0)
Replying to ChrisKH:
avatar
By Wanderer
04th Aug 2020 14:52

Ah okay.
Well you might as well just purchase payroll software and use this for P11Ds.
Moneysoft option for your size of business £216 per year:-
https://moneysoft.co.uk/prices/

Thanks (0)
Replying to ireallyshouldknowthisbut:
avatar
By ChrisKH
04th Aug 2020 15:03

Fair point. There is always that option.

Thanks (0)
Sarah Douglas - HouseTree Business Ltd
By sarah douglas
04th Aug 2020 14:03

my Paye Ltd cloud payroll software has P11D built-in. We have used it for years now.

Thanks (1)
By Paul D Utherone
04th Aug 2020 16:08

Maybe https://p11dsoftware.co.uk/about/ ...not sure on the pricing levels, but have used it successfully in the past

Thanks (1)
avatar
By UST
06th Aug 2020 11:33

We used P11D Manager from Taxshield this year:
https://www.taxshield.co.uk/p11d

Worked very well and support was timely.

Thanks (1)
Share this content

Related posts