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Posted Tue, 13 Feb 2024 09:11:15 GMT by Bjn201
We have an employee who is leaving in February 2024, but it has been agreed that they will remain on the Private Medical Insurance until January 2025 when the annual policy expires. for the 23/24 tax year, we will submit a P11d of course. Please can you confirm what is required for the 24/25 tax year, as the employee will have left before the start of the tax year? Is there a letter that needs to be written, if so, what exactly do we need to say? Can we alternatively put the full annual value of the medical insurance for the period February 2024-January 2025 on the employees 23/24 P11d?
Posted Wed, 14 Feb 2024 14:18:56 GMT by HMRC Admin 8
Hi,
You can either leave them on the payroll for the purpose for providing the benefit or add them back onto the payroll after being made a leaver.
Thank you.
Posted Wed, 14 Feb 2024 14:50:09 GMT by Bjn201
Hi, leaving them on the payroll is not possible, they are no longer an employee, plus they are moving to other employment elsewhere. Can we not put the full annual value of the medical insurance for the period February 2024-January 2025 on the employees 2023/2024 P11d? If not, is there any notification we as the employer need to make to HMRC? Thanks
Posted Tue, 20 Feb 2024 09:48:27 GMT by HMRC Admin 20
Hi Bjn201,
I do apologise you can do a P11d for an employee who has left even if they are no longer on the payroll as long as it is in the year they left.
Thank you.
Posted Tue, 20 Feb 2024 10:05:51 GMT by Bjn201
Thank you for your reply. Can we put the full annual value of the medical insurance for the period February 2024-January 2025 on the employees 2023/2024 P11d? They have left in February 2024, so we will not be able to do a 2024/2025 p11d for the above benefit.
Posted Tue, 20 Feb 2024 15:16:27 GMT by HMRC Admin 8
Hi,
Please write in with details of the benefit, this will allow us to investigate further. 
PT Operations North East England
HM Revenue and Customs
BX9 1BX
United Kingdom
Thank you.
Posted Wed, 21 Feb 2024 12:42:22 GMT by Bjn201
Thank you. for the 2023/2024 tax year, should the employer put the full cash value paid for medical insurance on the employee's P11d? Note that the period covered by the cost paid covers the period February 2024 - Jan 2025.
Posted Thu, 22 Feb 2024 07:14:20 GMT by HMRC Admin 25
Hi Bjn201,
If the contract is between the employer and the insurance company the full cost to the employer is reported on the P11d.
f the employee has the contract and the employer pays this it is added to section B of the P11D for tax and the amount is added to the employees salary for National insurance.
Thank you. 

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