Cycle to work is reported in P11D under Assets Transferred.
Summary:
The client has a query regarding the P11D reporting for the "Cycle to Work" scheme in Oracle Payroll. They report that this benefit is showing in P11D as "Assets Transferred." When configuring the P11D on the calculation card, if "Overriding Description" is set to "Other," they want to ensure the custom description ("Cycle to Work") appears in the XML file sent to HMRC. They’re unclear on where to specify and map this custom description in the XML and seek guidance.
Cycle to work is reported in P11D under Assets Transferred.
The configuration in calculation card and the P11D XML file output is attached.
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