Assets at Employee Disposal

This covers employer’s assets being used privately by employees.

You can specify the type of expense and its details for the component.

Field	Description
Reporting or Processing	Complete this field only if the option at the organization level is set to payroll processing, but the benefit will now be reported on P11D. If you've set it to P11D Reporting, you can't change it back to payroll processing for the remaining periods of the tax year. If you need to set it to P11D reporting, you need end date the processing component and the related child components. Create a component with the effective date from when the P11D reporting is required. Ensure that the values on this new component don't include the amounts taxed through payroll.
Available from Date	Date from when the prorated value of the annual amount of the taxable benefit will be calculated where the annual option is set.
Available to Date	Date to when the prorated value of the annual amount of the taxable benefit will be calculated where the annual option is set.
Cost of the Benefit	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. You can set up multiple instances of this component for the tax year if there are multiple assets. Or, you can set up one component and enter the total cost of all the assets.
Is the cost to you an annual amount	If your benefit year is different from the tax year, select this option to ensure that the calculation for the tax year is correct. If this option is set, then the benefit value is prorated based on the available from and to dates.
Amount made good	A value between 0 to 9999999.99
Overriding Description for P11D	Only enter a description if the benefit is for P11D Reporting. If you set up a single component for all the assets transferred, you must select the value Multiple.
Tax Processing Rule	This field only applies to benefits that are processed through payroll. The default is taxed in the next available payroll period.