The Government has announced additional time to prepare for the introduction of mandatory payrolling for benefits in kind (BIKs) and taxable employment expenses.
HMRC’s technical note confirms that mandatory payrolling will be introduced from April 2027 rather than April 2026 after feedback from external stakeholders. This will provide more time for software providers employers tax agents and other stakeholders to prepare for the change.
The technical note provides more operational information on mandatory payrolling so that businesses can adapt to these changes in time for April 2027.
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The Government has announced additional time to prepare for the introduction of mandatory payrolling for benefits in kind (BIKs) and taxable employment expenses.
HMRC’s technical note confirms that mandatory payrolling will be introduced from April 2027 rather than April 2026 after feedback from external stakeholders. This will provide more time for software providers employers tax agents and other stakeholders to prepare for the change.
The technical note provides more operational information on mandatory payrolling so that businesses can adapt to these changes in time for April 2027.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: