Reading Time: 5 minutesThe way UK employers report Benefits in Kind (BiKs) is set to change — and while the new rules won’t take effect until April 2027 (extended from the original proposal of April 2026), the direction of travel is now clear.
Draft guidance published by HM Revenue & Customs outlines plans to move away from traditional P11D reporting and towards mandatory real-time payrolling of benefits. For many businesses, this will represent one of the most significant payroll and reporting changes in recent years.
