HMRC Payrolling Benefits Delay (BiKs)

If you’ve heard that HMRC is changing how employee benefits are taxed—you’re right.

If you’ve heard that HMRC is changing how employee benefits are taxed—you’re right.

But here’s the good news: the most disruptive part of that plan has just been pushed back to April 2027.

The requirement to payroll Benefits in Kind (BiKs) is coming—but the transition is now slower. That gives you time to prepare, especially if you’re still managing payroll manually.

Payrolling Benefits in Kind (PBIK): A Game-Changer for Employers

As the business world gears up for the next fiscal year, a seismic shift is on the horizon: Payrolling Benefits in Kind (PBIK). This revolutionary change promises to streamline processes, enhance compliance, and transform the way employers handle employee benefits. Let’s dive into the details.