Mandatory payrolling of Benefits in Kind: actions to take now!

The tax rules on Benefits in Kind (BIKs) are changing. From 6 April 2027, Phase 1 of HMRC’s ‘Mandatory payrolling of Benefits in Kind and expenses’ comes into force. Phase 1 will apply only to company cars, car fuel, vans, van fuel and medical benefits. Mandatory payrolling for most other benefits will be introduced from … Read more

Mandatory payrolling of benefits delayed

Businesses have been given more time to prepare for one of the biggest changes to payroll reporting in recent years. Following feedback from employers, payroll professionals and software developers, the government has confirmed a revised timetable for the introduction of mandatory payrolling of Benefits in Kind (BiKs). Rather than requiring all taxable benefits to be … Read more