What has changed
From April 2027 most staff benefits must be taxed through the payroll in real time, rather than reported on a P11D form after the year end.
Who it affects
Employers who provide benefits such as company cars, private medical cover or other perks.
What you should do
Start preparing your payroll systems and records now, and review which benefits you provide and how they are valued, so the change is smooth when it arrives.
Our view
This is a sensible simplification, but it needs preparation. Employers who get their records in order this year will find the switch painless.
Common questions
Who does this affect?
Employers who provide benefits such as company cars, private medical cover or other perks.
What should I do about it?
Start preparing your payroll systems and records now, and review which benefits you provide and how they are valued, so the change is smooth when it arrives.
Can TaxTune help me with this?
Yes. Tell us your situation through the quote builder or book a free call, and we will explain exactly what it means for you and handle it if you would like.