18/06/2026
📢 Important update for employers: Benefits-in-kind changes ahead
There’s now less than a year to prepare for a major shift in how benefits-in-kind are taxed.
From 6 April 2027, employers will be required to report and pay Income Tax and NICs on most benefits via payroll, replacing the current P11D reporting process.
What are benefits-in-kind?
Non-cash perks like:
▪️ Company cars 🚗
▪️Private medical insurance 🏥
▪️Gym memberships 💪
Currently, employers can take up to 15 months after the tax year to report these. Soon, this will move to real-time payroll reporting.
⚠️ With over 3.5 million employees receiving taxable benefits, the impact will be widespread affecting employers, employees and payroll systems alike.
✅ Now is the time to review your processes, systems, and compliance readiness.