How to Payroll Benefits in Kind from April 2027: Calculation Steps and Class 1A Rounding Rules
From 6 April 2027, employers must payroll certain benefits in kind (BiKs) and report the associated Income Tax and Class 1A National Insurance contributions in real time through the Full Payment Submission (FPS). Phase 1 covers company cars, car fuel, vans, van fuel and employer-provided medical benefits. Any other BiKs that an employer chooses to […]
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