SelectHR does not automatically pro-rate P11D benefit values when an employee moves between two PAYE companies within the same tax year.
How does SelectHR handle this scenario?
When generating a P11D results set, SelectHR will:
Identify employees who have multiple employments across different PAYE companies during the P11D period
Present a listing showing one record per employee per PAYE company
Report the full benefit value under each company the employee is associated with
What SelectHR will not do
SelectHR does not use any of the following to split benefit values:
FTE (Full-Time Equivalent)
Dates of transfer
Time-based proportions
If the same benefit (e.g. Private Medical Insurance) is recorded against an employee who appears under both Company A and Company B, the full value will be pulled into both results sets, potentially resulting in the benefit appearing doubled.
Splitting the benefit
To prevent the benefit from counting twice, the benefit record on the employee's profile should be split into two records, each of which should be date-bounded to match the period spent in each company.
For example, if the employee moved from Company A to Company B on 1 October, the benefit entry for Company A should cover only the period up to 30 September, and a separate entry for Company B should cover from 1 October onwards, each with the appropriately reduced monetary value. When combined in the results set, these should then only total the full year value, rather than doubling it.