Benefit in Kind Rates 2026/2027 & Reporting Changes to 2027/28 Tax Year
HMRC are implementing significant changes to how Benefits in Kind are reported and taxed. The UK’s mandatory Benefits in Kind (BIK) payrolling, requiring real-time reporting through payroll instead of year-end P11D forms, has been pushed back from April 2026 to April 2027, giving employers more time to prepare for this fundamental shift. This delay allows […]