Mandatory payrolling of benefits in kind and expenses – interim guidance and legislation.
HMRC has published draft guidance and legislation for the mandatory reporting of benefits in kind and taxable expenses through payroll software. This requirement will be phased in from 6 April 2027 and affects employers who provide taxable benefits or expenses to their employees. The updates are intended to help businesses prepare for reporting these items in real time for Income Tax and Class 1A National Insurance contributions.
Source: https://www.gov.uk/guidance/draft-guidance-and-legislation-to-aid-preparation-for-reporting-benefits-in-kind-in-real-time. Summarised automatically from the official source — general information, not advice.