Expenses & Benefits Workshop
One day workshop (Ref: PDW08w) :: Price - £397 + VATBook & pay for any 2009 one-day course before 12th Dec 2008
and receive a £30 discount per delegate.
Delegates limited to 12
Workshop Aims
This highly practical one-day workshop is designed to impart expert knowledge about the completion of P11D returns of expenses and benefits. The objective is to enable employers to avoid the costly penalties and fines that the Revenue can impose for late and incorrect returns.
The tutor will use a step-by-step approach in taking delegates through the P11D form and will ensure that the programme concentrates on those aspects of P11D reporting that are directly relevant to those attending on the day. Delegates on this workshop benefit not only from the tutor's own experience and hands-on examples but also from the open discussion, learning how others handle different situations and difficulties.Who would benefit?
This workshop is essential for those who:
- Collate and record this information,
- Actually complete or sign the returns and
- Have overall compliance with this constantly changing legislation.
Course Content
Overview of the P11D
- Timetable and penalties, fines and interest charges
- The use of alternative forms, software and working sheets
- Determining whether a Class 1 or Class 1A NI liability arises
- Avoiding the need to make entries on form, P11D:
- Dispensations
- Extra Statutory Concessions (ESCs)
- Statutory Exemptions
- PAYE Settlement Agreements (PSAs) and
- Taxed Award Schemes (TASs)
Completing the P11D - step-by-step and section by section
- Assets transferred (cars, property, goods or other assets)
- Payments made on behalf of employee
- Vouchers or credit cards
- Living accommodation
- Mileage allowance payments
- Cars and car fuel
- Vans
- Interest-free and low interest loans
- Private medical treatment or insurance
- Qualifying relocation expenses payments and benefits
- Services supplied
- Assets placed at the employee's disposal
- Miscellaneous items including
- Subscriptions and professional fees
- Canteen facilities
- Childcare vouchers
- Long service awards
- Gifts
- Expenses payments made to, or on behalf of, the employee, including
- Travel and subsistence
- Personal Incidental Expenditure (PIEs)
- Entertaining – staff and clients.
Completing the P11D(b)
- Determining the benefits-in-kind that attract Class 1A NICs
- The effect of processing benefits through the payroll
- Calculating Class 1A liability
- Timetable, penalties and payments
Completing the P9D
- Overview of the differences between P11D and P9D
- Which employees require a P9D form
At the end of this workshop, delegates will be able to:
- Identify just what has to be reported on the P11D, P11D(b) and P9D returns
- Determine how the benefit is calculated,
- Appreciate the importance of accurate records throughout the year,
- Go away with an understanding of how to reduce the workload by use of dispensations etc. and
- Go armed with many valuable tips on the subje
What each delegate will receive,
on the day:
- Tutor-led easy-to-follow practical training
- Valuable comprehensive workshop reference manual
- Unique handouts and exercises
- Professional CPD certificate of participation and attendance
- Refreshments and lunch
After the workshop:
- Free telephone helpline
- Free email newsletter
- Free web access to payroll tools and Resources
Part of the Advanced Payroll Technician course which can lead to a professional payroll qualification.
