Loan benefit import fields
Use the example files as a starting point.
Field name | Notes |
Payroll Code | |
First Name | |
Last Name | |
Tax Year | Start of the tax year. Must begin with Year and contain no spaces. For example Year2023. |
Type | Loans |
Declaration Type | Can only be: P11D P11D is used by employers to report end-of-year expenses and benefits for employees who earned more than £8,500. Employees who receive Benefits in Kind (BiK) are entitled to an end of year report that outlines their benefits and expenses in the tax year. or PAYE PAYE or Pay as you earn is an HM Revenue and Customs’ (HMRC) system to collect Income Tax and National Insurance from employment. |
Description | Loan |
Loan Made | |
Loan Discharged | |
Starting Balance | |
Closing Balance | |
Max Balance in Year | |
Interest Paid | |
Cash Equivalent | |
Full Tax Months | |
Monthly Value | |
Official Interest |
Good to know...
-
GOV.UK Form: PAYE: interest free and low interest loans (P11D WS4). External website
-
GOV.UK Guide: Beneficial loan arrangements (480: Appendix 4). External website
-
GOV.UK Guide: Qualifying loans (480: Appendix 5). External website
Example...