You can now see a summary of an employee's payrolled benefits for the tax year in one place in Cintra People Payroll. The new payrolled benefits statement shows what each benefit is worth, what's expected to be taxed by the end of the tax year, and how far through the year payroll has been processed.
What's new?
A new Benefits statement button in the Payrolled benefits section of the Benefits in kind tab opens the statement. It includes:
Summary tiles: The annual value of the employee's benefits, the projected value for the tax year, the number of benefit categories, and the latest payroll period processed.
Breakdown by HMRC benefit section: Expand each section to see the individual benefits in it.
Company cars, vans and mileage: Included alongside other payrolled benefits, each with its own projected value.
Tax year selector: View any of the five most recent tax years. A badge shows whether the year is In progress or Final.
Download PDF: Download the statement for the selected tax year.
Key benefits
The full picture at a glance: See everything an employee is taxed on through pay, without adding up individual benefits.
Fewer surprises at year end: Projected values show what's expected to be taxed by 5 April.
Easy to share: Download a PDF to answer employee queries or keep for your records.
What next?
The statement only includes payroll periods that have been processed. Salary sacrifices and benefit costs aren't included.
To find out more, see Benefits: Payrolled benefits statement.