Within Cintra iQ, you can set up the company vehicle benefits to be payrolled for each PAYE scheme in a given tax year. Before you can calculate the vehicle benefit, you need to create a vehicle record(s) and assign it to the employee.
To calculate
- Navigate to the employee's Payslip & Period Summary form. Go to Cintra iQ: Employment record> Forms> Payslip
- Click the Calculate button. The vehicle/fuel/mileage allowance taxable benefit is automatically displayed on the Gross to Net Summary tab with the tax that is paid to HMRC.
- Click the OK button. The Payslip is closed.
Note:
The payrolled benefit also appears in the Payrolled Benefits tab of the Payroll Period Input and Corrections window.
