Manual data entry
Benefit and expenses records are assigned to an employee record within the system.
The software will require a certain amount of information in order to calculate a benefit in kind value. The information required to be entered is particular to each section of the P11D.
How to manually enter a Section M benefit:
Select the employee record to that you wish to assign the benefit to then press the "Employee Benefits" button in the bottom right-hand side of the window.
Click the ADD button.
Select from the list of existing benefit descriptions for this P11D section and click OK - or click the ADD button to enter a new benefit description of your own.
The following data points are used to calculate the benefit in kind for this benefit type:
- Date of payment
- Amount paid by the employer
- Amount made good by employee or from which tax deducted