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.