Expenses and benefits: computers loaned to an employee
Work out the value
If you need to report and pay National Insurance on the benefit, work out the value by following these steps:
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Calculate 20% of the greater of either the computer’s market value at the time you provided it, or any rental charge you pay for it.
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Add any running costs that you cover.
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Take away any amount that your employee contributes to cost of the loan.
Salary sacrifice arrangements
If the cost of the computer is less than the amount of salary given up, report the salary amount instead.
These rules don’t apply to arrangements made before 6 April 2017 - check when the rules will change.