Expenses, Benefits & Rewards - Avoiding the P11D

Introduction

In our day-to-day professional lives, employers provide many expenses, benefits and rewards packages to attract and retain staff. Many are subject to P11D reporting for the collection of Income Tax (from the employee) and National Insurance (employer and, sometimes, both employee and employer).

However, there are a host of expenses, benefits and rewards that can be provided without a P11D consideration as a result of HMRC concessions or provisions in legislation. As you would expect, all these come with conditions and limits - and all are complicated if they are provided via a salary sacrifice/optional remuneration arrangement (OpRA).

This webinar aim is to draw attention to the wide range of expenses, benefits and rewards that can be provided without a P11D recording and reporting obligation. It will also provide essential links to HMRC guidance and legislation to enable practical operation at the workplace.

What You Will Learn

This webinar will cover the following:

• The fundamentals of P11D and P11D(b) reporting
• OpRA and interaction with the provision of benefits
• The PAYE settlement agreement
• Using the trivial benefits exemption
• Other tax-free expenses and benefits, all with links to further guidance

This webinar was recorded on 6th February 2023