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P11D employee

Forums › ACCA Forums › ACCA TX Taxation Forums › P11D employee

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by tabsom.
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  • September 14, 2013 at 9:20 pm #140480
    dizfaris
    Participant
    • Topics: 23
    • Replies: 19
    • ☆

    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..

    September 15, 2013 at 8:40 pm #140548
    tabsom
    Member
    • Topics: 18
    • Replies: 43
    • ☆☆

    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.
    but

    p11d 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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