< 8 >

Benefit - D. Living accommodation - Add

Use

This benefit comes into effect when living accommodation is provided for an employee, or a member of an employee's family or household, by reason of the employment.

In this screen you need to enter the details of the living accommodation provided the particular employee you selected.

Path

Home > Assign Benefits > Living Accommodation > Add Living Accommodation

OR

Process P11D > Assign P11D Benefit > Living accommodation> Add Living Accommodation

Fields Available

The top row displays the details such as name, department, E-Mail address etc. of the selected employee.

Fields marked with an asterisk (*) are mandatory.

Enter the following details in the Accommodation Details area.

• Date Accommodation acquired by employer / contractor: Enter here the date on which the employer / contractor acquired the accommodation.
• Benefit From Date: Enter here the date from which the benefit was made available to the employee.
• Benefit To Date: Enter here the date up to which the benefit was made available to the employee.
• Address: Enter here the address of the new accommodation provided.
• Town / City: Enter here the town or city of the new accommodation provided.
• County: Enter here the county of the new accommodation provided.
• Post Code: Enter here the post code of the new accommodation provided.
• Country: Enter here the country of the new accommodation provided.
• Cost of Accommodation: Enter here the cost incurred in providing the accommodation.
• Cost of Improvements: Enter here the cost of any improvements made to the accommodation.
• Any payments made by the employee towards the above cost or for the grant of a tenancy: Enter here the cost incurred by the employee towards the accommodation.
• Total Cost of Accommodation: Enter here the total cost incurred in providing the accommodation.

Enter the following details in the Basic Benefit area.

• (D 1) Gross Annual Value of accommodation: Enter here the gross annual value of the living accommodation.
• (D 2) Rent Paid by employer / contractor or any person for period covered: Enter here the amount of rent that was paid by the employer / contractor or any other person for the period during which the benefit was provided.
• (D 3) Basic charge for the number of days the benefit was provided: This field displays the basic charge of the accommodation for the period during which the benefit was provided.
• (D 4) Greater of D2 and D3: This field displays the higher value between the fields D2 and D3.
• (D 5) Any amount made good to you by employee for the living accommodation: If the employee has paid towards the benefit, then enter here the amount paid by the employee.
• (D) Cash Equivalent Amount of Basic Charge (D 4 - D 5): This field displays the cash equivalent amount for the basic charge.

Additional Yearly Rent (These charges are applicable only if the accommodation cost exceeds GBP 75, 000.)

• (D 7) Total Cost of the Accommodation: This field displays the total cost of the accommodation.
• (D 8) Excess of Cost over £ 75,000: This field displays the excess amount that has been paid over GBP 75,000.
• (D 9) Applying official rate of interest on excess of cost: This field displays the amount after applying the rate of interest on the excess cost over £ 75,000.
• (D 10) Additional Charge for number of days benefit was provided: This field displays the additional amount charged for the number of days the benefit was provided.
• (D 11) Rent Paid by the employee for the accommodation: Enter here the amount of rent paid by the employee for the accommodation.
• (D 12) Any rent which you have included in box D5: This field displays the amount of rent that the employee has paid towards the benefit.
• (D 13) (D11 minus D12): This field displays the difference between the amount paid by the employee for the accommodation and any rent paid by the employee for the accommodation.
• (D 14) Cash Equivalent Amount of Additional Charge (D10 minus D13): This field displays the cash equivalent amount for the additional charge for the number of days the benefit was provided.
• (D) Total Cash Equivalent Amount: The cash equivalent amount will be displayed here.

Associated Tasks

• Cancel: If you wish to exit this screen without saving the details, click on this button. You will be taken back to the Living Accommodation List screen.
• Save: To save the details, click on this button. The Living Accommodation - List screen appears displaying the newly added details.

Related Topics