Government response to the consultation on the alignment of dates for "making good" on benefits-in-kind: summary of responses
A summary of responses received to HMRC's consultation on the alignment of dates by which an employee has to make a payment to their employer in return for a benefit-in-kind they receive as well as the Government's response. Following the outcome of the consultation, the date for making good on benefits-in-kind which are not accounted for in real time through PAYE should be 6 July following the end of the tax year. The rule change will be included in the Finance Bill 2017.Link to summary of responses
Category: Taxation » Employment; PAYE. Keyword(s): Benefits in kind. Area(s) of law: Employment; Tax.