HMRC delays major tax change that will affect millions of workers

HMRC delays major tax change that will affect millions of workers

HMRC has delayed the rollout of mandatory payrolling for benefits in kind, with experts warning the phased approach could cause confusion

HMRC delays full introduction of new benefits in kind rules

The government will phase in mandatory real-time reporting of tax and national insurance contributions for certain benefits in kind (BIK) and taxable expenses. HMRC had previously planned to introduce mandatory payrolling for all BIK from April 2027, but will now introduce this in phases, having gathered feedback on the measures. Phase one will begin from 6 April 2027, and phase two will commence from 6 April 2028. From April next year, mandator…