Policy paper

Extending the real time collection of tax on benefits in kind: voluntary payrolling

This tax information and impact note applies to employers, employees, payroll providers and payroll software providers and will enable the voluntary payrolling of non-cash vouchers and credit tokens.

Documents

Details

This measure enables the payrolling of non-cash vouchers and credit tokens helps to reduce both the employers’ reporting obligations to HM Revenue and Customs and the risk of incorrect tax being deducted.

Updates to this page

Published 16 March 2016

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