A Bradford-based accountant is urging employers and employees to return P11D forms to avoid financial penalties from the Inland Revenue.

Nigel Westman, a partner at chartered accountants Clough & Company, is warning firms that if they miss the July 6 deadline this year they will face instant fines.

Last year the Inland Revenue extended the deadline date for the forms which list expense payments and benefits.

Mr Westman said: "In the past, the Inland Revenue has always been lenient with the P11D cut-off date and last year they even extended the deadline.

"However, this year it's unlikely they'll be so relaxed.

"There has been no mention of an extended deadline but there is lots of emphasis on the current closing date and the penalty provisions.

"In order to steer clear of these fines employers need to complete P11Ds now and not leave them until the last minute."

He is also advising people to ensure the forms are filled in correctly and to seek advise if unsure.

He added: "Fines of up to £3,000 can be levied for an incorrectly filled in P11D form.

"An individual penalty could be incurred by a director for failing to fill in their self assessment returns correctly and then they could be required to pay tax on these benefits which could all amount to a sizeable sum."