Benefit in kind
Question asked by Izabela Szachta 8 years ago
When payroll will support it? I have employees that use company's cars and I would like to get rid of filling P11D every year.
Question asked by Izabela Szachta 8 years ago
When payroll will support it? I have employees that use company's cars and I would like to get rid of filling P11D every year.
Hi ,
Unfortunately, this is not something that we currently feature, the benefit would need to be added as a pre-tax benefit.
Please find attached a list of other features not currently supported by Payroll: https://www.clearbooks.co.uk/support/guides/overview/features-we-dont-support-in-open-payroll/
Thanks, Theo
Theo - I'm not sure if this is what you meant but if you added the benefit to the payroll as a pre-tax benefit it would calculate NI, whereas the benefit is only taxable on the employee, you would also have to deduct the net sum so that the employee was not paid the money
Izabela joins many other users that would like to see this feature.
As the rules change and P11Ds are phased out this will become the norm, and it would be a good selling feature for CB's payroll. Xero, FreeAgent and QBO users are asking for this feature, wouldn't it be nice for CB to beat them all to it? (Tell David!)
Hi Paul,
Thanks for the clarification.
I will make sure the development team are aware of this.
Theo