By payrolling benefits, the employer can collect the tax due on benefits in kind in real time via the payroll by adding the cash equivalent of the benefit to the employee’s salary on their payslip. This is instead of the benefit being reported on the employee’s Form P11D and the employee paying tax on the […] Read more »
Increase in Mileage Rate for 2026-27
Increase in Mileage Rate for 2026-27 If you need to use your car for work in the UK (not simply just for travelling to or from work) you’ll now be able to claim tax relief on 55p per mile for the first 10,000 miles driven in the tax year. This is up 10p from 45p […] Read more »
BUDGET CHANGES 2025
The results of Rachel Reeves’ November budget that will affect your payroll from April 2026 are as follows: * Income Tax: The thresholds at which the different band of Income Tax kick in will be frozen until 2031. * National Insurance: The Lower Earnings Limit will increase from £125 to £129 per week. All other […] Read more »
MANDATORY PAYROLLING BENEFITS IN KIND
The government will make the reporting and paying of Income Tax and Class 1A National Insurance Contributions (NICs) on benefits in kind via payroll software mandatory from April 2027, building on the progress already made on the government’s ambition to fully digitalise the reporting of benefits in kind. Mandation will simplify the tax affairs of […] Read more »