Who should read this
You should read this guidance if you report benefits in kind and expenses to HMRC on behalf of your employees, provide payroll services to employers, develop payroll software, or provide benefits in kind to employers.
This note is aimed at employers, payroll professionals, software providers and tax agents to help these customers and stakeholders prepare for the introduction of this change.
This note provides an overview of how the new benefits in kind (BiKs) reporting system will operate from April 2027 to help businesses prepare for the new reporting system. However, this note is subject to change as the policy positions may be further refined until the legislation is finalised in Autumn 2026.