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Demystifying the changes to Benefits in Kind from 2027
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Demystifying the changes to Benefits in Kind from 2027
Reforms to the Benefits in Kind (BIK) system have continued to change in recent years, as the Government prepares to roll out mandatory payrolling. From April 2027, businesses will be required to payroll BIK, but this will now be a phased approach, with the full reforms in place from April 2028. For employers who were expecting to do away with the P11D process in the main from next year, this means that most will still need to complete and submi…
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