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Duration: | Four consecutive half days online |
| Delivery: | Virtual classroom | |
| CPD: | 10 points | |
Identifying and reporting employee expenses and benefits is a key skill required of payroll professionals. This training course series will equip you with the skills and knowledge that you need to ensure compliance with HMRC's benefits code and to correctly report and administer a range of employee expenses and benefits.
The course is delivered over four half day online sessions. Part one (sessions one and two) focuses on managing expenses and benefits effectively, including the rules around providing expenses and benefits that do not have to be reported and options for providing and reporting chargeable benefits.
Part two (sessions three and four) focuses on how to calculate the reportable value for a range of benefits, as well as how to process these values via the payroll (payrolling benefits) or a P11D form.
Why you should attend
With the upcoming mandatory implementation of payrolling benefits, payroll professionals are facing new responsibilities in managing employee expenses and benefits. This course is designed to equip you with the essential knowledge and practical skills to accurately identify, process, and report chargeable benefits—ensuring your payroll operations remain fully compliant with HMRC regulations.
Non-compliance can result in substantial penalties and backdated liabilities, making it more important than ever to stay ahead of legislative changes. By attending, you'll gain the confidence and capability to handle this critical aspect of payroll with accuracy and assurance.
What you will learn
By the end of the first part of this course you should be able to:
- Appreciate the effect the UK’s benefits code has on a range of expenses and benefits
- Evaluate various arrangements for delivering expenses and benefits efficiently
- Evaluate an organisation’s expenses and benefits policy
By the end of the second part of this course you should be able to:
- Calculate the taxable value of various benefits
- Calculate Class 1A NICs accurately
- Process benefit values through the payroll accurately (payrolling benefits)
- Complete forms P11D (where required) and P11D(b) correctly and on time
Course content
The course contains the following modules:
Managing expenses and benefits
Focusing on providing expenses and benefits to employees efficiently within the rules for reporting tax and NICs. You will learn the benefits that can be provided, and expenses that can be reimbursed, without tax or NICs reporting/liability. It will also show how employers can shoulder the tax and NI burden for employees when providing benefits that are minor, irregular or impractical to apportion.
- Cost implications of expenses and benefits
- Reimbursing employee expenses, including travel and subsistence
- Benefits exempt from reporting, including trivial benefits
- Salary sacrifice and OpRA (in brief)
- PAYE Settlement Agreements (PSA) and grossing up
- Advantages of effective and efficient expenses & benefits policy
P11D calculation and reporting benefits
Focusing on the mechanics of reporting benefits and expenses. It will cover calculating values to report, amending values to deal with employee changes and filing reports for P11Ds or payrolling benefits.
- Advantages of effective and efficient expenses and benefits policy
- Calculating reportable benefit values, including company cars, accommodation, and PMI (private medical insurance)
- Key terms including
- Marginal cost and market value
- Making good
- Completing returns
- P11D, P11D(b), P46(Car)
- Reporting and paying Class 1A NICs
- Payrolling benefits
- Registration
- Adjustments
- Communication
How to complete a P11D form
This e-learning course will take you through the process of completing a number of case study P11D forms, with a refresher on what will be included in each section:
- Completing returns
- P11D, P11D(b)
- Reporting and paying Class 1A NICs
Prior learning required
This course is not designed for those new to payroll. You need to have a working/operational knowledge of tax in either a payroll, finance or HR capacity. This should be ideally (though not essentially) at supervisor level or above.