P11D Software
Our P11D product supports all aspects of P11D management. It is one of the most comprehensive and yet easy to use systems on the market. Use it to prepare OpRA compliant forms P11D at the year end or manage your benefits through the year to produce P46(car) and even report benefits via payroll.
Taking the pain out of P11Ds
- A one stop shop for data collection and preparation for forms P11D and optionally P46Car
- Supports data import – and is shipped with a number of import formats
- The most comprehensive tool – covers all the benefits and all the calculations
- Manages OpRA
- Submit electronically
Related Products and Services
Latest News
Are company cars are the problem?
Who looks at the picture above and thinks “company cars are the problem”? HM Government’s focus seems to be in driving all ICE company cars off the road. The scale charge for 1 litre petrol Renault Clio is an unbelievable 24% (25% next year) which means an employee’s...
Threading the eye of the needle in the haystack
You’ve 15,000 employees and there are 26 of them that need to do something today, or it’s going to cost you money. What do you do? How do you identify them? Do you call them? Or maybe you should email all 15,000 just to be safe? ...
White lists or white noise?
Based on numerous conversations with senior HR folk it’s very clear that communication with employees is a major issue. Everyone accepts that employee engagement is a key business issue, and every company seeks to improve it in dozens of different ways. Every pitch...
Travis Perkins & eSparx
There’s a quiet revolution going on at one of our longest standing clients, Travis Perkins. Last March they went live with our award-nominated esparx HR comms system, and with each passing week they are automating and improving more of their processes and messaging to...
The Cobalt Conundrum
You might reasonably argue that the case for electric vehicles is overwhelming. Trust me – 10/15 years from now you’ll pass a petrol station and think “wow, haven’t seen one of those in ages”. So why haven’t we all already got an electric car? There are huge tax...
Are there already under 800 thousand company cars in the UK?
The last set of figures released by HMRC showed that (provisionally) we were at 890k in 2017/18 (down from 950k in 2016/17). They suggested some of this was due to businesses payrolling car benefit - but we have our doubts. Total tax revenues have a way of flattening...
Is company car tax is too high?
We are constantly telling our clients that traditional company cars are, in many ways, the optimum solution for employees with significant business mileage. And yet the number of company cars on the road is falling, and fast. People who have no choice but to sit in a...
What difference does 3 miles make?
What difference does 3 miles make? About £60 a month? The (brilliant) BMW 330e PHEV (SE) was listed at 41 electric range on the BMW website - except now it seems to say 38? We keep pointing this out - but these ranges are really important for company car tax. Register...
An effective tax rate of 310% on a benefit-in-kind?
An effective tax rate of 310% on a benefit-in-kind? What could possible justify that - a Lamborghini? A helicopter? How about free private fuel in a diesel VW Passat.... The Government’s intentions with private fuel in a company car are clear – they’d like you to stop...
A new benchmark?
I had a quick drive in a Tesla 3 and I was simply blown away. I had my reservations beforehand, not helped by the quality of a pre production car I’d sat in previously.... The drivetrain was simply amazing. Acceleration defies belief. And - in contrast to the Tesla X...
Should you delay replacing company cars because of the new tax rules?
Should you delay replacing company cars because of the new tax rules? The answer is “it depends”, but based on our sums for the limited number of cars where WLTP CO2 is published - probably not. There are basically three factors: 1. RDE2 (for diesels) which is...
New company car tax rules
There was an understandable degree of excitement when HMG announced the new company car tax rules yesterday. However, arguably the changes amount to little more than moving the deck chairs. We believe the biggest news is that the CO2 scale charge escalator has finally...
P11D Correct Data
HMRC have published today the P11D (corrected) data up to 2016/17 and provisionally for 2017/18. As usual we've updated our slide for you and this is below. The key to note is that the total number of company cars fell from 940k in 2016/17 to 890k in 2017/18, but the...
ICFM Annual Conference
It was a huge pleasure and my privilege to address the #ICFM Annual Conference in Wembley on Tuesday this week. Slightly depressing subject though - company car tax. The two speakers before me talked all things green. I was struck that our company car system really...
Anabella and Brenda
I want to talk about two company car tax drivers, let’s call them Anabella and Brenda. It's April 2020. Anabella works in London for a PE house – she’s got a Porsche Taycan, List Price £120,000. She only does 8,000 miles a year, all private, mostly to the station in...
New PHEVs are coming
Apparently a 34% fall in PHEV sales is the fault of HMG’s decision to remove the grant? I have to say I think that’s unlikely to be the full story? This time last year there were a number of decent PHEVs available – the Golf and Passat GTE, Audi A3 etron, BMW 330e,...
Yes the future IS electric
It appears around a million Europeans bought petrol cars rather than diesels in 2018. HRUX’s own sums suggest that, over their lifetimes, those cars will emit nearly 3 million tonnes or more CO2 than the diesels Europeans were buying. Is that a lot? Does that matter?...
A Real Conversation with a Mini Dealer
“So what’s the electric only range on the PHEV?” “There’s no electric mini yet. We only have the Countryman which is a hybrid; like the big one over there in the corner” “Cool, but what’s the electric only range on it?” “We only have the Countryman with an electric...
Company Car Tax 2019
I’m reviewing a car fleet for a client – and I’m looking at a Jaguar XE 2.0d where the CO2 has increased from 99g under NEDC to a new figure of 128. I've checked it twice – and that’s the movement – 29g/km. The company car tax for 2018/19 will now be based on 6% more...
Fleet Review Process
30,000 business miles a year - which makes more sense: Skoda Superb Estate or a Nissan Navara pick-up? No I’ve not driven either. And yes, I too fancy the full size “Tonka Toy” Navara. BUT 30,000 miles a year in a pick-up?! I’ve just completed a fleet review for a...
The Impact of WLTP
Good to see government is still working, and not all on Brexit! Evidence being sought to help the review of vehicle taxes and the impact of WLTP in advance of the Spring update. Deadline of 17 Feb 2019 for any contributions. https://lnkd.in/gRT6ysN
Total Tax and NI Take on Private Fuel
Been writing for a while now on my frustrations with high company car taxes. But why are they so high? Is HMG being very clever or extremely foolish? Interesting to look at taxes on private fuel in a company car - here’s one the Government did earlier.... The graph...
Alternative approach to presenting DB scheme funding results
Prudence in pension scheme funding can provide cover for downside scenarios and, in those situations, to not be reliant upon the sponsoring employer to make up any shortfall. In that regard the introduction of the Scheme Specific Funding Regime in 2005, where trustees...
HMRC tax take from company cars
Having spent some time at the Fleet Management Live show over the last 2 days and seen the focus on electric vehicles I was wondering on the impact that the new tax rules would have? The Government currently receives ~£2bn p.a. in company car tax and Class1A NIC. This...
Productivity Growth has Fallen Short of QBR Forecast
The news today that the Office for Budget Responsibility has persistently over-estimated Britain's productivity over the past seven years highlights the dangers of producing financial forecasts - emphasised by the disparity between the projections and the eventual...
Can I Let You Into a Little Secret?
Can I let you into a little secret? Most of the LinkedIn posts I write get rejected by my partners for being too ranty! I know! Me? Ranty?! It may not surprise you therefore to hear that I’ve had a couple of potential posts rejected these last couple of days about the...
The Latest Statistics from Expenses and Benefits
The latest statistics from Expenses and Benefits have been produced (link in the comments section). Interesting to note: • These relate to the tax year 2016/17 when most companies are currently submitting their 2017/18 P11Ds – almost a year to produce these...
UK Gov gets blood from stone!
UK Gov gets blood from stone! The graph shows the total tax and NIC take from private fuel scale charge compared to the number of employees “enjoying” the benefit (the red line). The Exchequer has kept the tax and NIC above £300m per annum whilst the total number of...
Biggest P11D concerns for 2017/18
Some 3.8 million individuals are expected to receive at least one P11D reportable taxable benefit in 2016/17; equating to over £3bn and £1.2bn in tax and NIC respectively. We’ve asked our clients what their biggest concerns were for the coming 2017/18 season. In...
FIVE Facts About P11Ds
Tax and employee benefits; FIVE things you might not have known! At £250bn (2015/26) PAYE represents approx. 50% of the UK’s total tax take, and its climbing. £3.9bn of this comes from forms P11D (up 5% on 2014/15). For comparison Inheritance Tax was only £5.1bn. So...
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