Car benefit in the salary base
The car benefit can be added to employee’s salary base as a recurring item. Value of the benefit can be calculated when information about the benefit is entered to Procountor’s benefit calculator. Another option is to add car benefit to the salary base as a salary type. This way the value is saved manually to the Car benefit salary type that is brought to the salary base.
Benefit calculator: Car benefit
Calculators for fringe benefits are accessed by choosing first Payroll > Employee Register from the main menu. After this, the desired employee is chosen from the list by clicking his / her name. Lastly, Benefit calculators > Car is chosen in the employee-specific Salary base tab.
Annual value of the car benefit can be calculated with Procountor’s benefit calculator. Values confirmed by the tax administration are automatically updated to Procountor’s benefit calculators as the values are announced for the subsequent year. The calculator is always used to calculate the car benefit values only for the present year.
Information needed for the calculation is entered to the calculator. When the information is saved, the calculator shows the correct value and the value is then transferred to the salary base.
An employee can have several car benefits listed for him / her. However, only one car benefit can be active at once in the salary base. The validity of the benefit is verified by the dates set for it.
New calculation button is used to start the calculation of a new car benefit.
License palte number, Benefit start and end dates, benefit type and other needed information are determined for the car benefit. Recommended price for the car model (in line with the tax administration’s advice) is entered to the Car price field. The calculator automatically calculates the benefit value (in line with the tax administration’s advice) from the car price.
Undiminished value of accessories is entered to the Accessory price field. The calculator automatically notes the portion that exceeds the value NN determined by the tax administration (for example, in 2018 the limit was 850 €).
If 2023 is the year when the company car or accessories for it were purchased, enter the accessories in Accessories price.
If the company car or accessories were bought before 2023, add the part of the automotive accessories' price exceeding 850 €, in Car price (the field should include car price and automotive accessories' price exceeding 850 €) and leave Accessories price empty.
Note:
- A temporary tax reduction concerning electric cars has been added to the company car benefit calculator.
- The reduction is 170 €.
- The tax reduction is applied when All-electric vehicle and with an introduction year 2020 or later is selected in the calculator.
- If an emission value between 1-100 is added to the Emission value field, a discount of 85 euros is applied. Field should be left empty if the emission value is more than 100.
- More information on the tax subsidies for electric cars can be found on the tax administrations’ website.
- If the car's emission value is 0, you can use the Yes option in the All-electric vehicle/Hydrogen car -field with all driving forces.
Copy calculation button copies the chosen benefit as a new benefit.
Delete calculation removes the chosen car benefit from the list. A car benefit does not have to be removed in order to make room for newer car benefits; several car benefits can be listed at the same time. If an old car benefit goes out of use and the ending date set for it has passed, the car benefit is not used in salary calculation anymore.
When all information is given, the car benefit is saved with Save button.
Add row to salary base button adds the chosen car benefit to the salary base. In future, the benefit will then be automatically added to new salary slips created for the employee.
Salary type: Car benefit
If the car benefit value is already known, Car benefit salary type can be searched from the salary type register and added to the salary base as row information. It should be noted that when the car benefit is added as a salary type row, all information related to the salary type has to be added straight in its corresponding row in the salary base. Also, possible changes in benefit value have to be added manually to the value.
Car benefit salary type is added to the employee’s salary base with the Add salary type button. Car benefit is searched (with, for example, the Fringe benefits search criterion), chosen by clicking it and finally added to the salary base with the Add row to salary base button.
Reporting of car benefit
Procountor uses the complementary reporting type 2. This means that the salary type of 3010 Car benefit is allocated to the Incomes Register’s wage income type 304 (Car benefit).
Car benefit value and additional information is reported to the Incomes Register with the earnings payment report.