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Benefit - L. Assets placed at the employee's disposal - List

Use

This screen displays the list of assets placed at the employee's disposal. The taxable benefit includes the use of any asset provided by the employer / contractor or another person acting on the Employer's / Contractor's behalf. For example the use of a motorcycle, or an aircraft or a yacht, or furniture or a TV set.

Some employer / contractor provided assets (whether on premises occupied by the employer or elsewhere) are exempt from any charge where the private use of the asset is insignificant in the context of its use by the employee in performing his or her duties. Certain types of benefits, such as the use of vehicles (including boats and aeroplanes), are excluded from the exemption.

Path

Home > Assign Benefits > Assets placed at the employee's disposal

OR

Process P11D > Assign P11D Benefit > Assign Benefits > Assets placed at the employee's disposal

Fields Available

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

The following details are displayed further.

• Ref. No.: This field is automatically generated.
• Date of Purchase: This field displays the date on which the employer / contractor purchased the asset.
• Date first provided as a Benefit: This field displays the date on which the asset was provided to the employee.
• Assets: This field displays the type of asset provided to the employee as benefit.
• Cash Equivalent Amount: The cash equivalent amount will be displayed here.
• Action: The various tasks associated with the data in each row will be displayed here. For example Save, Edit, Remove, etc.

Associated Tasks

• Add New Asset: To enter details of a new asset click on this button. It will open the Assets placed at the employee's disposal Add screen.
• View/Edit: To view or edit the details of the asset provided to the employee, click on the View/Edit button relating to the respective asset record. It will open the Assets placed at the employee's disposal View screen.
• Remove: To delete the details of any asset click on the Remove button relating to the respective asset record.
• Done: If you have finished viewing the details and wish to leave this screen, click on this button. You will be taken back to the Assign Benefits screen.

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