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Post Info TOPIC: Employee cycle scheme - how to enter when doing payroll?
SallyG


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Employee cycle scheme - how to enter when doing payroll?
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Hi,

We have just started offering a cycle scheme and one of our employees has got a bike. I use the HMRC's basic PAYE tools, how do I enter the details correctly to ensure he gets the PAYE/NI savings? 

Is it a case of just taking the agreed amount off his normal salary before I enter it on the system, or do I have to tell the HMRC that he is involved in a scheme? 

Also, at the end of year does he have to declare to the HMRC that he's received a PAYE/NI saving benefit? 

Thanks a lot, 

Sally



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