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Taxable benefits and class 1A NI

If you provide taxable benefits or benefits in kind (BIKs) to your employees, for example, company cars or medical insurance, you need to calculate the cash equivalent of each benefit and calculate any Class 1A NI due on these. You must submit this information to HMRC on form P11D and P11D(b) respectively by 6 July each year.

Sage 50 P11D is a convenient way to help you calculate and submit cash equivalents and Class 1A National Insurance values for your employees' benefits. It’s easy to use and there’s no requirement for in-house experience.

To find out more, visit our guide on Sage 50 P11D software features >