Zoho payroll logo FAQ
/
Back

How to add Assets Placed at Employees Disposal as a Benefit in Kind?

Assets Placed at Employees Disposal is a Benefit in Kind used when an asset remains with you but is made available for the employee’s private use. The cash equivalent is usually based on the value of that private use.

To add Assets Placed at Employees Disposal as a Benefit in Kind for an employee:

  1. Go to Employees and open the employee.
  2. Open the Salary tab.
  3. Under Benefits in Kind, click + Add New. If you are still adding the employee, click Benefits in Kind on the Salary step.
  4. Select Assets Placed at Employees Disposal as the Benefit Type.
  5. Select the Reporting Type (P11D or PAYE).
  6. Enter the Amount and any Employee Contribution. Zoho Payroll shows the Cash Equivalent.
  7. Enter an optional Description, then click Save.
Add Assets Placed at Employees Disposal as a Benefit in Kind

For an overview of Benefits in Kind and when to use P11D or PAYE, refer to Add Employees. You can also add or edit benefits later from the employee’s Salary tab.