TRAINING COURSES
CPD Counts towards
CPDACCREDITED2017
P11D, expenses and benefits One day duration
CPD Counts towards
Who is this course aimed at? Anyone with responsibility for the compensation and benefits packages within their organisation.
What will I learn? The tax and NICs treatment of expense payments and benefits in kind is complex, with numerous pitfalls for the unwary or unprepared.
Without exception, every year there are changes to the statutory rules which impact on employers’ systems and processes. Employers are constantly alert to controlling and reducing employment costs yet often seek to maintain or enhance the range of benefits on offer to their employees. Whenever HMRC conducts an audit of an employer’s records, processes and systems, the inspector focuses on the payment of expenses and the provision of benefits in kind. It is commonplace for HMRC to find discrepancies and to demand the payment of significant amounts of underpaid tax and NICs for past years. Misunderstanding the implications of the statutory requirements can prove very costly.
This course is designed to guide delegates through the complexities of the tax and NICs rules and to provide them with clarity and confidence.
Course content ● Statutory requirements and implications ● Cars and vans ● Fuel ● Childcare ● Beneficial loans ● Relocations ● Travel and subsistence expenses ● Other expenses ● Entertainment ● Telephones ● Subscriptions ● Vouchers / credit cards / tokens ● Gifts and awards ● Retirement benefits ● Salary sacrifice and waiver schemes ● Flexible benefits schemes ● PAYE settlement agreements ● Taxed award schemes ● Grossing up
Course aims On completion, delegates should be able to: ● Understand the general tax and NICs rules of expenses payments and benefits in kind for employers and employees ● Comprehend the processing and recording requirements of expenses and benefits ● Confidently conduct discussions and negotiations with HMRC ❍ Review their employer’s expenses and benefits systems
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57 Please note that the CIPP continually updates its products and services to ensure that they meet the needs of the industry, therefore content is subject to change without prior notification. Please visit cipp.org.uk for the most up to date information.
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