P11d Section C Vouchers and Credit Cards. This section relates to any payments made to an employee in the form of vouchers or via company credit cards for personal expenses.
What Vouchers Should be Included in Section C
Depending on the type of voucher being provided to an employee, there may be additional P11d tax to pay.
Typical taxable vouchers include:
- Season tickets
- Christmas gift vouchers
- Luncheon vouchers
You mustn’t include non-taxable items such as childcare vouchers.
Or include payments which need to be included elsewhere on the P11d form such as company car fuel, if an alternative arrangement exists.
How to Calculate the P11d Value Vouchers and Credit Cards
The value to include for any vouchers and credit card payments made is the actual amount paid, including VAT (regardless of whether VAT is recoverable or not).
Who Pays Tax on Section C Vouchers and Credit Cards
Tax on vouchers and credit card payments included in Section C is paid by just the employee – there is no Class 1a National Insurance payable by the employer.