Payrolling Benefits in Kind: How to Prepare
In 2024, HMRC announced the mandatory payrolling of benefits in kind (BiKs) for most benefits, ensuring the benefits are taxed in real time through PAYE rather than via the submission of P11Ds. Originally, the deadline for mandatory transition was set as April 2026; however, as of a technical announcement from HMRC on 28th April 2025,…
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