Car Benefit in Kind (2627+)

Setting Company Car Benefit

As of 2627 onwards you can now enter your car's registration details, and Qtac will communicate with the DVLA API to retrieve your cars details. 

Firstly, navigate to Employee Maintenance then across to Benefit in Kind tab and select 'Add New'. 

Once you have selected ‘Add New’ you will be need to select the type of benefit select 'Car and Fuel'

You will be prompted to enter the vehicle registration number. Qtac will then communicate with the DVLA API to retrieve your vehicles details. 

The software will then populate key details such as the 'Make and Model', 'Date First Registered', 'Approved CO₂ Emissions', and 'Engine Size'. You will need to fill in any remaining fields, particularly those shown in bold, as they are required to save.

Once all information has been entered, click 'Cash Equivalent of the Car'. The software will then calculate and populate the 'Cash Equivalent of Car' field automatically.

Once you have filled the other fields and saved the benefit the deduction will start coming off of future pay periods. If you want to add another car, or change the details of the car on the benefit then you can click the ‘Edit’ option to amend the details.

If you have made as mistake by adding a company car with incorrect details, or didn’t mean to add the car at all, then you can delete the benefit. This is providing you have not submitted the benefit through an FPS, you can do this by pressing the ‘Delete’ option in the benefit screen.

If you wish to stop a car benefit, you need to input a date within the ‘Available to date‘ field, this will stop the benefit.

A little bit about us...

Qtac, a recognised payroll solutions provider in the UK, has been serving businesses for 30 years. Specializing in both payroll software and outsourced payroll services, Qtac caters to small businesses, large corporations, and payroll bureaux. Our software, recognised by HMRC, streamlines the payroll process, featuring RTI submissions, workplace pensions management, and a cloud-based portal for payslips and employee self-service. This software is supported by top-tier customer assistance, ensuring a smooth payroll experience.

Additionally, Qtac offers tailored ‘white-labelled’ outsourcing services. These services are particularly attractive to accountancy firms, as they save time, reduce stress, and mitigate payroll-related risks. By outsourcing to Qtac, companies can be confident in the knowledge that their payroll needs are being expertly managed.

Qtac's solutions are not just about functionality; they are about building long-lasting relationships with clients, offering them a combination of technology and expertise. Their commitment to adapting to client needs and providing reliable, efficient services has established Qtac as a trusted name in the payroll solutions sector in the UK. In essence, Qtac simplifies and enhances the payroll process for a diverse range of clients, ensuring compliance, efficiency, and customer satisfaction. 

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