How do I view a calculated taxable benefit?

Within Cintra iQ, you can calculate payrolled car and fuel benefits, van and fuel benefit and mileage benefit during a payroll period instead of submitting a P11D at the end of the year. You can also choose to payroll other benefits such as private health care for employees.

 

To view a calculated taxable benefits

At any point, you can view the taxable benefit calculated by going to the P11D/P9D tab within the employee's Expense & Benefit window. Clicking on this tab will automatically refresh any benefit calculations for the tax year showing in the drop down box on this tab.

 

The P11D/P9D tab will list a summary taxable benefit value by P11D section or P9D if the employee requires a P9D. Any benefit calculations necessary will be automatically refreshed when you look at this screen. Company Vehicle and Fuel benefits will show under P11D Section F (or G for Vans).

 

To see a complete benefit calculation working sheet

1. Navigate to the Include Records for...  window.
   Go to Cintra iQ: Expenses and Benefits>Reporting> Working Sheets> Company Cars or Company Vans.
2. Select the desired Payroll(s).
3. Click the Next button.
4. Select the Employee(s).
5. Click the Next button. The Selection Summary form appears.
6. Click the Run button. The P11D Worksheet window appears.
7. Continue to Save As and/or Print the worksheet.