Payrolling ‘Benefits in Kind’

Did you know that businesses can include employees’ benefits in their pay? This is called payrolling and means most benefits can be taxed through your payroll instead of your employees’ tax code. It could save time as there will be no need to send a form P11D after the end of the tax year for the payrolled benefits. If you plan to include payroll benefits received by your employees in their payroll, you must register online before the start of the new tax year – 6th April 2019. You can do so here....
This is member only content

Please LOGIN to read the full article.

Not a member? Please click here to join today.

More from GCMA News

Close