The benefit-in-kind is reported on the employee’s P11D form, and the tax liability will be calculated accordingly. For the company, offering an employee a loan may also trigger some tax obligations.

Employers in Yorkshire have less than 15 months to prepare for compulsory HMRC reporting on payroll expenses and benefits in ...

Payroll is changing considerably this year, with updates to National Insurance (NI), minimum wage rates, benefits in kind, and vehicle tax in ...