Payrolling Benefits in Kind webinar
Join our payroll experts for a critical update regarding the Payrolling Benefits in Kind.
Register to join our payroll experts for a critical update regarding the Payrolling Benefits in Kind.
As part of HMRC’s plans to digitalise the tax system, from 6 April 2026 it will become mandatory for employers to payroll benefits in kind provided to their employees. As a result, 5 April 2025 is the last day to voluntarily register to payroll benefits for the 2025/26 tax year. Employers should therefore consider transitioning over before it becomes mandatory.
Register to join our payroll experts for a critical update regarding the change to Payrolling Benefits in Kind (BIK) which becomes mandatory in April 2026.
Before that date, employers will need to think about checking that their current payroll software has the functionality to payroll benefits. They will also need to consider educating their employees on the changes, and the impact on their net income. They should also be aware that benefit data and information must be accurate, so errors when reporting could result in penalties. Registration by 5 April 2025 is the final opportunity to get ahead of the game, and familiarise yourself with the complexities of payrolling benefits.
Our free one-hour webinar, delivered by our payroll experts will outline what is required and discuss why employers should consider registering before it all becomes mandatory. Register via the link below which provides you with an opportunity to submit questions ahead of the webinar which our experts may address during the live session.
We hope you can join us for this complimentary webinar. If you have any questions, you can contact us via the form below.
We always recommend that you seek advice from a suitably qualified adviser before taking any action. The information in this article only serves as a guide and no responsibility for loss occasioned by any person acting or refraining from action as a result of this material can be accepted by the authors or the firm.
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