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I read Kaplan p6 book. Here, it stated that p11d employee is an employee who earns a high income which is more than £8,500 per anum.. Am i right ? As £8,500 per year seems like a small amount to me to be categorised as a high income..if you can , please explain how to assess if the employee is a p11d employee and what will the difference be from the other employee ?? Thank you..
p9d employees or also known as all employees have earning less than 8500/annum.(are not directors) .. benefits are for all employees(including p11d employees) are basic and additional accommodation benefits.
butp11d employees have earning more than 8500/annum. (are / are not directors).. specific benefits other than accommodation benefits for p11d employees are
use and gift of asset
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