Recording Employee Benefits at Organization Level

You must create a Taxable Benefits calculation card and set the value for each benefit at the organization level.

You must indicate whether a benefit will be processed through payroll for all employees within a TRU or reported on P11D.

It is recommended that you review the options as part of the Start of Year tasks.

In the calculation card, you can set each option as Payroll or P11D Reporting.

For the benefits below, you can only select P11D as stipulated by HMRC:

• Interest free and low interest loans
• Qualifying relocation expenses

You can only select P11D for these two benefits according to HMRC.

The default values that you specify at the organization level apply to all employees in the TRU. You can override this at the employee-level, if required. Consider the following while setting up options for the TRU:

• If there is no TRU calculation card, it implies P11D Reporting is for all employees within that TRU.
• If you set the option for a benefit for the TRU, you can only change it when the tax year changes.
  • Any change required during the tax year must be made at the employee-level in the benefits calculation component.
• If you want to change the employee’s Benefit calculation component option to P11D Reporting, you can do this any time in the tax year.
  • You can't change it back to payroll, if you set it to P11D.
  • The employee’s Benefit calculation component option can't be changed to payroll processing, if the TRU option is set to P11D Reporting