Items included in PPE should not be accounted for separately, for example. B through the pay slip or in the employee`s P11D. Instead of being imposed on the employee through the P11D procedure, they are imposed by this annual statement on the employer. Instead of being due to the Class 1A NIC through P11D(b), the value of benefits is subject to Class 1B social security contributions (NCI). PPE must be in force until July 6 following the end of the fiscal year to which it applies. Until recently, an employer had to apply for a new agreement every year, but today PPE are permanent agreements and exist until they are cancelled or amended. PPE can also help reduce the employer`s administration by removing the requirement to include certain taxable expenses/benefits for P11Ds employed and replace them with annual billing to HMRC. .