Policy paper

Income Tax: reporting the taxable value of a benefit in kind received under an optional remuneration arrangement

This tax information and impact note tells you about changes being made to the Pay As You Earn (PAYE) regulations so employers can report taxable amounts due in respect of certain benefits in kind.



A Statutory Instrument will be laid in December 2017 to amend the PAYE regulations, from April 2018, to provide a mechanism for employers who use optional remuneration arrangements to report certain benefits in kind to HM Revenue and Customs (HMRC).

The changes will confirm the taxable amounts that employers are required to report and how they will submit the information to HMRC.

Published 21 December 2017