HMRC compliant
HMRC Recognised expense & benefits filing is integrated into Liberty Accounts.
Streamlined and simple
Associate expenses with employees as they are recorded. When P11D filing time comes, the process of gathering and categorising relevant expenses and filing returns to HMRC is quick and easy.
Supports “Payrolling” of benefits in kind
You can process employee benefits through payroll during the year rather than let them build up to a single large payment at the end of the year. Liberty Accounts facilitates payrolling for P11D categories selected as required.
Asset and Vehicle Allocation
The asset and vehicle ledgers support the P11D process by providing for allocation of assets and vehicles to employees as well as capturing additional information needed for P11D reporting purposes.
P11D features also include:
Employee P11D form includes Section 336 form for job related expenses
Easy emailing of P11D report to employees
Standard expense accounts categorised to P11D sections by default
Custom expense accounts can be categorised to P11D sections as required
FEATURES