Question:

How the benefits in kind are shown in United Kingdom?

by Guest28047672  |  6 years, 7 month(s) ago

0 LIKES UnLike

How the benefits in kind are shown in United Kingdom?

 Tags: benefits, Kingdom, shown, United

   Report

1 ANSWERS

  1. Guest28047673
    Your employer sends a P11D to HM Revenue & Customs (HMRC) if you get any ‘benefits in kind’ (eg company cars or interest-free loans). The P11D records how much each benefit is worth. Your employer will send HMRC a P11D if your earnings, including the value of company benefits, are at least £8,500 in the tax year (6 April to 5 April). Your employer will usually give you a copy of the P11D. They don’t have to by law, but they must tell you what’s on it.

Question Stats

Latest activity: 6 years, 7 month(s) ago.
This question has been viewed 237 times and has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.