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P11D Payroll Car Benefit for 2020/21 Calculation Incorrect.

Article ID

p11d-payroll-a-car-benefit-for-2020-21-calculation-incorrect

Article Name

P11D Payroll Car Benefit for 2020/21 Calculation Incorrect.

Created Date

16th April 2020

Product

IRIS Personal Tax

Problem

P11D Payroll a car benefit for 2020/21 calculation incorrect. The figures given for a CO2 amounts for petrol, are 1% lower than they should be.

Resolution

Due to the late announcement of the budget made by HMRC, not all the updated rates were included within Version 20.1.0.

We are currently updating the Co2 rates for 2021 in the service pack, which is due to be released week commencing 18TH MAY 2020.

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