Sage 50 P11D saves you time by calculating both the cash equivalents for your employees' taxable benefits and any Class 1A liability due too.
You can also submit forms P11D and P11D(b) electronically with Sage 50 P11D.
Sage 50 P11D can calculate the taxable benefit value, and where applicable Class 1 NI, for the following benefits:
| Benefits | |
|---|---|
| Accommodation | Home leave |
| Authorised mileage | Long service awards |
| Beneficial loans | Medical and dental |
| Business entertainment | Medical insurance |
| Business travel | Miscellaneous benefits |
| Car parking | Notional payments |
| Company cars | Private travel |
| Company vans | Staff entertainment |
| Credit cards / Tokens | Stock options |
| Directors' taxes | Termination payments |
| Education | Training |
| Gift of assets | Use of assets |
| Goods and services | Vouchers |
Sage 50 P11D includes the following reports.
| P11D benefits and expenses form | Records benefits in kind that are taxable and or subject to Class 1A National Insurance Contributions (NICs) for directors or employees. |
|---|---|
| P11D(b) Employer's Declaration | Records total Class 1A NICs for an employer, reflecting the total benefits liable to Class 1A on forms P11D for all employees. |
| P46 (Car) report | Quarterly return submitted where there has been a change in circumstances in the use of a company car. |
| Backing reports, letters and schedules | To substantiate the statutory reports, there’s a series of supporting reports together with schedules and letters. |
| Class 1A reports | Analyses the Class 1A payable by the employer, substantiating form P11D(b), the Employer's Declaration. |
| Management reports | Backing reports for each benefit type, grouping the employees by department, analysing the cost, amount made good and chargeable benefit. |
| Report Selections | To run several reports at the same time, use Report Selections to group together batches of reports. |
The following reports are exclusive to the Professional version.
| Company PSA report | A report calculating the values entered under the Global PSA function for company-wide PAYE Settlement Agreements. |
|---|---|
| Edit reports | Customise existing reports to meet your own design specifications. |
| New reports | To suit your P11D business needs, you can create your own reports. |
| Delete reports | Remove any unwanted reports from Sage 50 P11D. |
| Import Sage Payroll data | To save entering duplicate information, you can import data from Sage 50 Payroll. |
|---|---|
| Import Sage 50 P11D data | You can use templates to import employer, employee, and P11D benefit data. |
| Import Sage Personnel data | To save entering duplicate information, you can import data from Sage Personnel. |
| Export Sage 50 P11D data | To use data held in Sage 50 P11D within external applications, you can export benefit, employee, or employer information. |
| Microsoft Integration | Send emails, export data directly to Excel, update Outlook Tasks, create contacts or run Word mail merges. |
| Internet Submissions to HMRC | You can submit your P11D information to HMRC electronically using Sage 50 P11D. |
|---|---|
| Web links to relevant taxation websites | Sage 50 P11D contains links to useful websites, such as Sage, HMRC, and vehicle websites. |
| Emailing of reports and statutory forms | Email P11D forms to your employees rather than printing them. |
| Access rights | To give specific permissions to each user of the software. |
|---|---|
| Assign Function | Assign common properties, such as departments or insurance groups, to several employees at the once. |
| Back up and Restore | Take copies of your data for security, or restore data from a backup copy. |
| Benefit Information | Create user-defined benefit types within the Miscellaneous Benefits module. |
| Compact and Repair | Maintain your data by regularly running this simple procedure. |
| Currency Maintenance | Set up exchange rates for currencies within the software. |
| Delete Benefit Types | Simultaneously remove all benefits of a specified type. |
| Desktop Criteria | Customise your Sage 50 P11D desktop to display your employees grouped by department, cost centre, or analysis fields. |
| Desktop Options | Customise the look and feel of the Sage 50 P11D desktop to suit your preferences. |
| Employer Assets | Set up an inventory of assets that are gifted to, or used by, employees during the tax year. |
| Employer's Declaration | Override the program calculated Class 1A values on an employer by employer basis. |
| Find Facility | Quickly locate specified employees or benefits through a range of criteria. |
| Legislation | View the Government Legislation affecting the calculation of employee benefits and expenses. |
| Medical Insurance Groups Maintenance | Set up company-wide medical insurance policies to apply to employees of your choice. |
| Mileage Rates | Set up mileage allowance rates for Company Car and Private Vehicle Mileage benefits. |
| NI Number Validation | Sage 50 P11D checks the validity of your employees' National Insurance numbers as you enter them. |
| Official Interest Rates | Adjust official interest rates in the event of changing inflation, and for foreign currencies. |
| P11D Override | Override the program calculated benefit values on an employee by employee basis. |
| Instant calculations | Recalculate benefits when you click Save. |
| Van sharing information | Enter details of the number of employees who share company vans for calculating the Shared Company Van benefit. |
The Professional version also adds the following features:
| Audit Trail | Records amendments made to the database and who made the changes. |
|---|---|
| Batch Processing | Enter benefit details for a group of employees simultaneously. |
| Benefit Templates | Enter templates for common benefits that you can apply to employees as a batch. |
| Class 1A drill-downs | Break down entries on the Employer's Declaration, form P11D(b), by benefit type and by employee. |
| Employee Profiles | To apply common information for your employees globally, rather than enter the details for each employee individually. |
| Global PSA Benefit | Enter details of any company-wide benefits upon which a PAYE Settlement Agreement is in place. |
| Multiuser | More than one user can connect to your P11D data to process benefits. |
| Networking | Ability to store and process data on a network. |
Upgrade your licence
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