Is there BIK on company car post employment?

Is there a BIK on a company car provided to an employee after their employment?

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We provided an employee with a company car. The employee left our employment on 30 November 2018, however we allowed them to return their company car on 14 December 2018. 

 

Is there period 1 to 14 December a BIK that is reportable on P11d?

 

Many thanks,

 

James 

Replies (3)

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ALISK
By atleastisoundknowledgable...
21st Jun 2019 16:22

Yes. Assuming that you issued the P46(car) after 14 Dec starting the withdrawal of the car at that date, HMRC should have changed the individual’s tax code and they would’ve been taxed for that car in their new employment.

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By Jaccames
21st Jun 2019 16:34

Not sure I understand what you’re saying.

Are you saying I should include those dates on the P11d?

We don’t payroll benefits.

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Replying to Jaccames:
RLI
By lionofludesch
22nd Jun 2019 10:11

Changing the employee's tax code isn't payrolling benefits.

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