Payrolling of Benefits in Kind - Voluntary or Mandatory (Nov 24)
Category: Tax | Duration: 1hr | Tag: VODUK2474 | Type: Video | Course Level: Need to Know | Speaker: Alexandra Durrant | Date: 19/11/2024 10:00
Payrolling of most benefits in kind means fewer P11Ds to be completed and filed each year. This should result in a reduction in time costs, after initial set up, for accountants undertaking this work. HMRC have advised that payrolling of benefits will be mandatory from April 2026 so it is important for accountants to understand how payrolling works. The benefit of purchasing the course is to be able to explain to clients the pros and cons of payrolling benefits. The client can then advise their employees how payrolling will affect their pay. A further benefit is that the number of tax code changes in the tax year should be reduced.
Alexandra Durrant covers the following topics during this course:
Alexandra Durrant