Reporting requirements for taxable benefits are changing – Are you ready?
Posted onFrom April 2026, all employers which offer benefits-in-kind (BIKs) to employees must report them for tax purposes via their payroll system – a reporting method known as payrolling. Under current regulations, employers may report taxable BIKs to HM Revenue & Customs (HMRC) via either: Payrolling – Recording all taxable benefits through your payroll system, which […]