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Tag Archives: benefits in kind

Benefits in Kind via the payroll

Posted on July 24, 2025 by Jane Dunn

From April 2027, Benefits in Kind (BIK) payments will need to be paid and recorded via payroll each month. Businesses need to prepare for this change.

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Posted in Government, Payroll, Tax | Tagged benefits in kind, Payroll, tax

Save money by driving an electric car

Posted on January 13, 2020 by Amy Thompson

Multiple tax benefits are available for drivers of electric company cars – and many of us don’t even realise it. HBA Director, Karen Chase, will save over £6,000 this coming tax year as she won’t be paying tax on the benefit-in-kind (BIK). It may finally be time to benefit from driving a company car!

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Posted in HB News, Tax | Tagged benefits in kind, company car, electric cars

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