Keep your workforce engaged. Payrolling employee benefits has never been easier! Add benefits to the app and payroll them. PayFit automatically generates and sends out P11Ds.
Providing benefits to your workforce and ensuring the right tax is calculated and paid couldn't be easier. PayFit enables you to Payroll Benefits in Kind (PBIK) and automatically sends P11Ds and P11D(b). You needn't have any further headaches about preparing P11Ds for employees at the end of the tax year.
You can apply several employee benefits – e.g. life insurance, medical insurance, gym memberships, company shares, or mileage as well as deductions such as cycle-to-work scheme or childcare vouchers. PayFit will automatically deduct any employee contributions each month and process any PBIK information.