TCTM04103 - Income: Employment income rules: Benefit in kind

Benefits in kind are goods and services provided to an employee for free or at greatly reduced costs.

Employers are legally obliged to provide their employees with a form detailing relevant benefits in kind they have received in a tax year. The forms are a P9D (for employees earning less than £8,500 per year) or a P11D (for employees earning over £8,500 per year and most directors).

TCTM04106 summarises the benefits in kind that should be included as employment income.

TCTM04200 summarises the benefits in kind that should be excluded from employment income.