Expenses and Benefits

This course will enable you to

• Understand the tax rules relating to expenses payments and benefits-in-kind
• Know how to calculate the tax charge
• Recognise certain expenses and benefits which can be received tax-free
• Understand employers’ reporting and compliance obligations

About the course

The rules for calculating, reporting and paying tax on expenses and benefits are complex and there are severe penalties for failing to adhere to them. So it's important for anyone who works in payroll or finance to understand the ins and outs of the benefits code.

Employers who provide expenses or benefits to employees or directors may need to notify HMRC and pay tax and NICs. The same goes for employees who receive them. This course provides a useful overview of this area of tax, before moving on to look at specific rules for common expenses and benefits, and employers' reporting and payment obligations.

This course has been revised and is up to date for 2022/23.