Does a P11D benefit exclude the insurance premium tax that my employer paid? (I would have assumed not)
How closely should I be able to calculate my P11D benefit from the numbers given by Bupa?
I have:
Bupa Dental. Start date 27/09/2021. Policy end date 01/07/2022. Cost 396.42 (plus IPT of 47.54)
Bupa Health. Start date 27/09/2021. Policy end date 23/06/2022. Cost 2362.28 (plus IPT of 283.47)
P11D benefit 1949.
When I use the "without Insurance Premium Tax" figures and daily accrual I get something very very close - so that's what I assume they've used. I cannot find any way to make my P11D benefit close to 1949 if I use the inc-tax figures (error >10%)
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