The rules differ depending on the way you pay the fees - in particular, whether the contract with the school is yours or your employee's.
On this page:
Your employee contracts with a school for the education of their child and pays the school fees, but you then reimburse them.
The amount reimbursed counts as earnings, so:
The value to use is the amount you reimburse to the employee.
Your employee contracts with a school for the education of their child, but you pay the fees directly to the school.
For employees earning at a rate of less than £8,500 per year:
For company directors or employees earning at a rate of £8,500 or more per year:
The value to use is the amount of the fees you pay.
The contract for your employee's child's education is between you and the school, and you pay the school fees directly.
For employees earning at a rate of less than £8,500 per year, you have:
For company directors or employees earning at a rate of £8,500 or more per year:
The value to use is the amount of the fees you pay.
It's important to choose correctly between forms P11D and P9D for each employee. The form to use depends on the whether the employee is a director of your company and on whether their earnings are above or below an annual rate of £8,500. For more information - including details of what's included in the £8,500 threshold - follow the link below.
EIM00580: Employment income - pecuniary liability
EIM20020: The benefits code - what are benefits?
NIM13180: Class 1A NICs - establishing the contractual arrangements