P11D for retired employee

Medical insurance for employee who retired during the year

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If an employee retired during the tax year and the company agreed to continue their Private Medical Insurance for the full year do we need to report it on a P11D for the retired employee? They earned less than £8,500 in the year due to the fact they retired in June but I understand that P9D's have been abolished so not sure what to report, if anything?

 

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RLI
By lionofludesch
03rd May 2017 13:17

Sadly, it was "at the rate of" £8500 a year, not £8500 a year.

Bad luck.

I'm not even sure that £8500 is still there - is it not just P11ds for everyone these days ? I don't have anyone affected.

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By [email protected]
04th May 2017 15:40

Thank you. I got through to HMRC in the end and they confirmed what you have said. The £8,500 threshold was abolished from 6th April 2016. I do need to submit a P11D.

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Replying to [email protected]:
RLI
By lionofludesch
04th May 2017 15:57

Well, nice to be corroborated, I suppose.

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