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RECBONUS/President Club

Answer
Jolita J
Posted Tue, 19 Nov 2024 17:34:43 GMT by Jolita J
Hello, I am not sure how to record RECBONUS line in my payslip. This is benefit in kind - president club trip for me and my partner. I have RECBONUS line of 9993.06, deduction item as others - 5892.79. This is accounted to the year date taxable earnings and my company covered tax liability for all employees. How do I record this correctly in my self assesment form? Thanks.
Answer
HMRC Admin 19 Response
Posted Tue, 26 Nov 2024 11:57:18 GMT by HMRC Admin 19 Response
Hi,
If it is included in your taxable earnings, it will be part of the pay and tax figures declared on the P60.
Thank you.

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