Simplify Your Benefits in Kind Administration
Managing taxable benefits doesn't have to wait until year-end. This session provides a general overview of how to process benefits in kind through payroll in Cascade, helping you understand the payrolling approach, tax treatment, and how to configure common benefits for monthly or real-time reporting to HMRC.
What You'll learn?
- Understand what payrolling benefits in kind means and when to use it
- Configure common benefits in Cascade Payroll (company cars, private medical insurance, gym memberships, etc.)
- Calculate the taxable value of benefits and apply correct tax codes
- Process benefits through payroll on a monthly or pay period basis
- Report payrolled benefits correctly on RTI submissions to HMRC
- Handle benefit start and end dates, and mid-year adjustments
- Navigate year-end requirements and P11D exemptions for payrolled benefits
Perfect for: Payroll administrators, HR managers, and finance professionals responsible for processing employee benefits and ensuring HMRC compliance.
Please note: This session covers general principles of payrolling benefits in kind. Specific benefit valuations and tax treatment should always be confirmed with your tax adviser or HMRC guidance.
Stay compliant and reduce year-end admin – process benefits in kind efficiently through payroll.
Faisal Mahmood
Lead Implementation Consultant, IRIS Software Group
Dave Parker
Market Specialist, IRIS Software Group
Samantha Tennakoon
External Stakeholder Engagement, HMRC Making Tax Digital Programme
Gillian O'Dea CA
Director, J H Greenwood and Company
Eva Mrazikova (Moderator)
Accountancy Market Specialist, IRIS Software Group
