P11D, Expenses and Benefits
Training
Online
Description
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Type
Training
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Level
Intermediate
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Methodology
Online
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Duration
1 Day
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Start date
January
Benefits-in-kind are increasingly awarded by employers to staff as part of a comprehensive total reward package. Ensuring these items are reported correctly to HMRC can be complex, with a myriad of rules to follow.
This course is designed for those in payroll or finance who are responsible for administering expenses and benefits provided to employees.
The course aims to help delegates negotiate the complex tax and NICs rules for a range of expenses, benefits in kind and the rules around travel and subsistence. In addition, you are provided guidance on how to calculate and report the values of these benefits on form P11D and Class 1A NICs on form P11Db.
Also included with the course are the principles of grossing up, settling tax and NIC on benefits provided to employees/third parties via Taxed Award Schemes, or a PAYE Settlement Agreement.
The course is suitable for delegates that have the following suggested roles:
- Payroll administrators
- Payroll co-ordinators
- Payroll supervisors
- Payroll Managers
- Finance Managers
- Reward Managers
And you may be working in either:
- A payroll bureau
- Accountancy firm
- In-house payroll team
Facilities
Location
Start date
Start date
About this course
To provide a detailed overview on the range of reportable benefits in kind and employee expenses, along with trainer-led instruction on accurately completing forms P11D and P11Db to ensure that you can comply with the relevant legislative requirements.
- Calculate the taxable value of various benefits
- Calculate Class 1A NICs accurately
- Complete forms P11D and P11Db correctly and on time
- Review the employer's expenses and benefits system
Individuals responsible for designing and implementing effective expenses and benefits policy, as well as completing and submitting the relevant annual returns.
This course is not designed for those new to payroll. You need to have a working/operational knowledge in either a payroll or HR capacity, ideally (though not essentially) at supervisor level or above.
You may have already studied the following courses too:
- Introduction to PAYE & NIC’s
- Introduction to Statutory Payments
- Essential Additions to Payroll Basics
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The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 14 years
Subjects
- Finance
- Benefits
- Payroll
- Tax
- Pensions
- Holiday Pay
- PAYE
- NICs
- RTI
- Student loan
- Apprenticeship levy
- Remittances
Teachers and trainers (1)
CIPP trainer Trainer
CIPP Trainer
Course programme
- Statutory requirements and implications
- Common errors when calculating company cars and fuel
- Childcare
- Beneficial loans
- Relocations
- Travel and subsistence expenses
- Other expenses
- Entertainment
- Telephones
- Subscriptions
- Vouchers / credit cards / tokens
- Gifts and awards
- Retirement benefits
- Salary sacrifice and tax / NICs changes from April 2017
- Flexible benefits schemes
- Pay As You Earn (PAYE) settlement agreements
- Taxed award schemes
- Grossing up from net payment
- Key forms and dates
- Penalties and fines
P11D, Expenses and Benefits