Balance Feeds for Benefits in Kind
If you’re processing a benefit through payroll, the relevant balance feeds ensure that the calculations and processing for the following periods is correct.
The benefits reported on P11D don’t require this as there is no processing involved and must be updated manually using Balance Adjustment.
| Benefit Type | Benefits Taxed through Payroll | Taxable Pay | NIable Pay | NIable Earnings for Class 1A NICs |
|---|---|---|---|---|
| Assets Transferred | Y | Y | N | Y |
| Payments Made On Behalf Of Employee | Y | Y | N | N |
| Vouchers and Credit Cards | Y | Y | N | N |
| Mileage Allowance Payments | Y | Y | Y | N |
| Cars and Car Fuel | Y | Y | N | Y |
| Vans and Van Fuel | Y | Y | N | Y |
| Private Medical Treatment or Insurance | Y | Y | N | Y |
| Qualifying Relocation Expenses | Y | Y | N | Y |
| Service Supplied | Y | Y | N | Y |
| Assets Placed At Employee Disposal | Y | Y | N | Y |
| Other Items | Y | Y | N | Y |
| Expenses Payments | Y | Y | N | N |