P11D Car Mileage Parameters
Enables you to set company car business mileage parameters. These define the mileage bands for business travel in a car supplied by the employer, and the factors to be applied to car benefit amounts for the bands.
To access this window, enter fast path HR560S1 and select Company Miles from the navigation panel.
Thresholds
Lower Threshold
Enter the business mileage lower threshold figure. The assessment of car benefit depends on the number of business miles travelled in the car. For assessment purposes business miles are divided into three bands. The bands are defined by a lower and upper threshold.
Upper Threshold
Enter the business mileage upper threshold figure.
Scaling Factors
Below Lower Threshold
Enter the factor to apply to the benefit amount for car users whose business mileage falls below the lower threshold.
Between Lower & Upper Threshold
Enter the factor to apply to the benefit amount for car users whose business mileage falls between the lower and upper threshold.
Above Upper Threshold
Enter the factor to apply to the benefit amount for car users whose business mileage falls above the upper threshold.
MD560L7