expenses through payroll software – an update - GOV.UK To summarise, from April 2027, employers will be required for most benefits to establish the annual cash equivalent of Benefits in Kind (BiKs)
released a technical note that requires careful consideration by employers, benefit and payroll providers, and software developers. Which can be found at Technical note: Mandating the reporting of benefits in kind and
use this extension to collaborate to ensure they are well-prepared for the upcoming changes, which should not be underestimated. To enable this, in conjunction with the announcement, HMRC
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ISSUE 12 GLOBAL PAYROLL MAGAZINE
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