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
With significant changes on the horizon for how employers handle Benefits in Kind (BiKs), now is the perfect time to prepare for the upcoming shift. From 6 April 2026, the UK government will mandate the payrolling of most employee benefits in kind. However, employers have the option to voluntarily opt in early. By acting early, … Read more
The deadline – 6 July – for reporting expenses and benefits to HM Revenue & Customs (HMRC) is rapidly approaching. It’s important for all employers to understand their responsibilities regarding this crucial tax form, so we’re here to guide you through the essentials. What is a Benefit in Kind? A benefit in kind (BIK) refers … Read more