The government has announced additional time to prepare for the introduction of mandatory reporting and paying of Income Tax and Class 1A National Insurance Contributions (NICs) on benefits in kind via payroll software. Mandatory payrolling will be introduced from 6 April 2027 instead of 6 April 2026 to provide more time for employers, payroll professionals, software providers, tax agents and other stakeholders to prepare for the change.
If you would like to discuss how this will impact you, please call the team today on 024 7637 5777.