Payrolling the Benefits in Kind (‘BIKs’) you provide to employees can reduce your employer reporting requirements and improve accuracy.

Taxpayer must prepare to identify the implication of the BIKs threshold and calculation in applying PMK-66 starting from the July 2023 Tax Period and to review previous policies related to BIKs began from …

GR-55 stipulates that withholding tax obligations for employers are applicable for BIKs received, starting from 1 January 2023.

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Employee Notification: Payrolling of Benefits in Kind (BiKs) Dear [Employee Name], We’re writing to inform you about an important update regarding how certain employee benefits are taxed. What’s …

After a one-year delay, HM Revenue & Customs (HMRC) has confirmed that mandatory payrolling of benefits in kind (BiKs) will be introduced in phases from 6 April 2027. Under the new rules, …

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