Assets Transferred
Add this calculation component for assets transferred to employee and enter the required information.
Apart from the common attributes, consider these points for assets transferred:
- In the Cost to You or Amount Forgone field, enter a value between 0 to 9999999.99. For P11D, enter the total value of all assets transferred in the tax year. If benefit is processed, enter the value of the relevant asset.
- In the Overriding Description for P11D field, enter a description only if the benefit is for P11D reporting.