Payroll Changes
Attention! An important change in legislation will be taking affect in April 2026 which will affect payroll processes.
By April 2026 all businesses will need to have made the transition to payrolling Benefits in Kind. The change has been made so that tax reporting can be streamlined, so accuracy is improved for both employees and employers.
What this means for you:
• Pay rolling Benefits in Kind will replace the P11D reporting, as taxable benefits are included in taxable pay through payroll when calculating the PAYE deducted from payments of wages and salaries to employees.
• Your current systems and processes will need to be updated to comply with the new requirements.
We advise you to begin planning for this change now, to avoid any last-minute challenges. By starting early, you can ensure a seamless transition and take advantage of our early adoption support services.
Our Payroll Team are here to support you through this transition and will be providing detailed guides and checklists in due course.